Large cap stocks buoy NSE rebound amidst negative breadth The benchmark All-Share Index of the Nigerian Stock Exchange (NSE) resisted further decline on Thursday, thereby...
FG to auction N150bn February bonds The Debt Management Office (DMO) has said the Federal Government will auction N150 billion worth of bonds by subscription...
ATCON expresses worries over N15trn telecoms infrastructure gap Concerned by the funding gap of required telecoms infrastructure in Nigeria, the Association of Telecommunications Companies of...
Ecobank Nigeria’s $300 bond carries 7.125 %coupon rate Ecobank Nigeria, a wholly owned subsidiary of Ecobank Transnational Incorporated, the parent company of the Ecobank Group,...
Emirates Airlines suspends flights from Nigeria Emirates Airlines has suspended flights from Nigeria to Dubai for two weeks, until February 28 2021. It said travellers...
FG to complete $1.9bn rail from Nigeria to Niger Republic by 2023 Project targets 9,364 passengers, 3,000 metric tonnes of cargos daily. The federal...
IDC: 63% firms in META prime investment amid COVID-19 As the journey from crisis to recovery gets underway in the wake of the COVID-19 pandemic,...
LASG summons MNOs, ISPs, others for safety audit of infrastructures The Lagos State Safety Commission (LSSC) has summoned operators of communication infrastructures in the state...
FG to replace BVN with NIN The minister said this while briefing newsmen after a facility tour and inspection of the ongoing NIN enrolment exercise...
‘Unstoppable’ Bitcoin surges 11% over $43,000 on Tesla News Bitcoin jumped to fresh record highs on today after U.S. electric car manufacturer Tesla announced its...
Nigerians spend N2.03trn on fuel in 13 months Within a 13-month period spanning November 2019 and November 2020, the Nigerian National Petroleum Corporation (NNPC)...
No going back on Crypto ban, CBN insists Says digital currencies breed illegal activities, raise risks The Central Bank of Nigeria (CBN) has insisted that...
Rising interests in fixed income assets spell doom for equities Rising rate of fixed income assets yields is casting a shadow of doom on local...
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced several key executive appointments across the Group. This is in a bid to fortify...
N8.13trn of Nigeria’s pension assets locked in FG bonds Pension Funds Administrators (PFAs) in Nigeria have sustained their age-long appetite for the less risky federal government...
Bears’ firm grip on Nigerian equities cost investors fresh N112bn The bears are tightening their firm grip on Nigerians stocks as the market recorded...
Telcos fail in QoS tests – NCC report Globacom and 9mobile, two of Nigeria’s major telecommunication companies failed to meet stipulated key performance indicators by...
Global credit risk hits 20%, tops risk mgt concerns Credit risk has become number one source of risk management concerns for financial institutions globally...
Investors count losses as stocks remain in red for 3rd day Lose N216bn to profit-taking Since the bears resurfaced at the Nigerian Stock Exchange...
SEC releases new rules, amendments on collective investment schemes The Securities and Exchange Commission (SEC) has released general rules for Collective Investment Schemes prescribing...