Index surpasses 27,000 points Better performance last seen May 5 Zenith emerges investors’ favourite 36 bulls crush 10 bears ______________________________________ Building on its bullish performance from...
The regulatory action taken by the Nigerian Communications Commission (NCC) to facilitate the listing of MTN Nigeria on the country’s stock exchange market is yielding impressive...
As price rallies back to $10,515 $281 million KuCoin Theft Suspects Identified ________________________________________ Bitcoin miners generated an estimated $328 million in revenue in September, down 11%...
Bureau De Change (BDC) business in Nigeria is not as profitable as many people often think it is, Alhaji Aminu Gwadabe, president of Association of Bureau...
Expatriates remain aggressive sellers As locals dominate market by 6o.86% ________________________________ Between January and August 2020, various categories of investors dealing in shares at the Nigerian...
The bulls continued to dominate in the equities market as the NSE All-Share Index erased its year-to-date losses on Friday, following investors’ rejuvenated risk-on attitude amidst declining real...
Market Update for the Week Ended October 2 and Outlook for Oct 5-9 By Investdata Analysts Nigeria’s equity market turned positive last week, extending its bullish-run...
By the Security and Exchange Commission __________________________ In response to the eruption of corporate scandals in 2001 involving financial reporting and accounting practices, several jurisdictions enacted...
Hints remittance order may lead salar payment Asks MDAs to settle N100bn electricity debts _______________________________________ The Electricity Distribution Companies (DisCos) have implored the National Assembly to...
Electricity distribution companies collected a total of N1.27 trillion from customers in the last three years, data obtained from the Association of Nigerian Electricity Distributors on...
September Market Roundup By Investdata Analysts __________________ The nation’s equity market in September was on fire, recording a strong recovery to end the quarter and month...
4.5m jobs at risk due to COVID-19, travel restrictions _____________________________________ The African economy is set to lose an estimated sum of $37 billion to dwindling traffic...
The Nigerian financial markets recorded a novel and game-changing milestone following the successful registration of FMDQ Clear Limited (FMDQ Clear) by the Securities and Exchange Commission...
INDEPENDENCE DAY ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE OCCASION OF NIGERIA’S SIXTIETH INDEPENDENCE ANNIVERSARY, THURSDAY 1ST OCTOBER...
Fitch Ratings has revised the outlook on Nigeria’s long-term foreign-currency Issuer Default Rating to stable from negative and affirmed the IDR at ‘B’. The international rating...
Precisely three years after unsuccessful attempt to penetrate the Nigerian market, TSTV Africa, indigenous Digital TV service in Nigeria has announced that it will be fully...
The Federal Executive Council (FEC) chaired by President Muhammadu Buhari has approved N13.08 trillion as budget proposal for 2021. Zainab Ahmed, the minister of finance, budget,...
The World Bank has announced plans for a $12 billion coronavirus financing initiative that will help poor and developing countries purchase enough Covid-19 vaccine doses to...
Wole Abu is the Chief Executive Officer of Pan African Towers Limited, an indigenous infrastructure company in the African telecoms market. In this interview with BUSINESS...
The foreign reserves of Nigeria received a boost of $200 million on Tuesday following a ruling in favour of the country by a Commercial Court in...