NGX attracts N13.7bn debut bond of Emzor Pharmaceuticals The Nigerian Exchange Limited (NGX) has announced the listing of a N13.7 billion bond of Emzor...
CBN to sanction banks, BDCs for rejecting old, lower dollar notes The Central Bank of Nigeria (CBN) has said it will sanction foreign exchange dealers that...
Investors recoup N88bn amid depressed stock turnover The Nigerian stock market extended its positive outlook on Tuesday despite the low activity level across trade...
Nigeria’s forex inflow suffers 54% decline in January Inflow of foreign exchange into the Nigerian economy fell significantly in the first month of the...
Nigeria’s biggest lender Access Bank has agreed to buy a majority stake in African Banking Corporation of Botswana for cash, a month after acquiring a South...
Hard time beckons as FG admits revenues crashing The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Monday admitted that Nigeria’s economy was...
Analysts forecast inflation to print higher rate in April By Olamide Onabanjo Following release of purchasing manager index (PMI) report on Thursday which revealed...
Investors lose N33bn as bears reclaim NGX floor Negative sentiments resurfaced in the local bourse on Thursday as bears displaced by the bulls the...
JUST IN: FG terminates ban on new SIM card activation Federal Government of Nigeria has approved the activation of new SIM Card with mandatory National Identification...
Inflation rises for 19th consecutive months as food prices remain the culprit The latest inflation data released today by the National Bureau of Statistics...
BDCs process N1trn annual deals, says Gwadabe The Association of Bureaux de Change Operators of Nigeria (ABCON) has said that its annual turnover is...
As Major exchanges elbow for exposure to Coinbase’s listing. Major global cryptocurrency exchanges including Binance and FTX have announced the listing of Coinbase’s stock...
Survey: 20% of workloads are in the cloud ITWeb, in partnership with IBM, conducted a Hybrid Cloud Survey to examine the state of cloud adoption...
Ethiopian Telecoms Deregulation: MTN, Telkom, Etisalat, others jostle for two operating licences The race among telecoms behemoths is getting fiercer by the day as...
Nigerian Exchange Group admitted on NASD NASD PLC has announced the admission of the securities of the Nigerian Exchange Group PLC (NGX) for trading...
DOGE soars 80% on the day to become 10th largest crypto by market cap Dogecoin (DOGE), the notorious meme-like cryptocurrency that continues to invite both affectionate hype...
Nigerian stock index sheds 0.35% Negative sentiments persisted in the local bourse, as profit-taking in GUINNESS (-9.9%) dragged the All-Share Index (ASI) lower by 0.3%...
NGX kicks off with BUA Cement’s N115bn bond listing The Nigerian Exchange Limited (NGX) commenced formal operation under its new identity on Tuesday, April...
Controversy trails Twitter’s choice of Ghana over Nigeria for its African headquarters In the quest to increase its participation in every part of the...
MTN says its mobile money operation worth $6bn South Africa-based MTN, the mobile phone company, has plans to value its mobile money arm at over $5...