Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has explained factors that led to 100 basis points reduction in lending rate and other decisions...
The Nigerian Stock Exchange (NSE) on Tuesday, September 22, announced that it has listed N10 billion shares of United Capital Plc at the exchange. The bond...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to reduce the Monetary Policy Rate (MPR) by 100 basis points from...
By NOVA Merchant Bank Summary At its meeting in July, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria elected to maintain status quo...
The Central Bank of Nigeria (CBN) has highlighted factors capable of tempering the expected impact of efforts put in place by the federal government to revive...
The Federal Government spent N8.94 trillion on petrol subsidy between 2006 and 2015, figures released by the Petroleum Products Pricing Regulatory Agency (PPPRA) on Monday has...
AXA-Mansard Insurance Plc has projected to achieve N48.012 billion gross premium written for the fourth quarter ending December 2020. In its Q4 earning forecast obtained from...
The Securities and Exchange Commission (SEC), Nigeria’s highest capital market regulatory authority, has said various virtual digital assets present investing public with alternative investment opportunities. The...
Turnover volume shrinks 16.31%; value down 13.49% As 20 bulls emerge against 6 bears _____________________________ Equities investment at the Nigerian capital market has recovered N21 billion...
The Nigerian National Petroleum Corporation (NNPC) has shortlisted 78 companies to bid for the rehabilitation of oil pipelines and depot infrastructure across the country. Over 300...
Global tech giant, Facebook has announced plans for a Nigeria office which is to be located in the country’s commercial and tech hub, Lagos. This is...
Following volatility in the country’s economy, the Manufacturers Association of Nigeria (MAN) has disclosed that inventory of unsold products has risen to an all-time high of...
The bears dominated the local bourse for the third consecutive session, as profit-taking on ZENITHBANK (-1.8%) and DANGSUGAR (-5.9%) stocks dragged the All-Share Index lower. Pertinently,...
The Johannesburg Stock Exchange (JSE), Africa’s largest stock exchange by market capitalisation, has listed two global environmental, social and governance (ESG) focused exchange traded funds (ETFs), the...
The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds....
The coronavirus crisis cost the global tourism sector $460 billion in lost revenue during the first six months of 2020 as the number of people travelling...
Gold and silver’s impressive rally this summer is just the start of the precious metal bull market, according to one Canadian Bank. In a report published...
Profit-taking continued to hold sway at the Nigerian Stock Exchange (NSE) during the midweek trading on Wednesday following sell-offs in WAPCO which shed -3.7 per cent...
The Nigerian Communications Commission (NCC) has threatened to arrest and prosecute individual users of GSM booster without following due process. According to the commission in a...
Citing losses from the coronavirus (COVID-19) pandemic, Fitch Ratings has said that the outlook for $438.9 billion global reinsurance sector remains negative for 2021. In a...