Price dips in bellwethers cost stock investors N167bn Following the price dip recorded by the bellwethers, the equities market today inched on a negative...
Bank Stocks’ Investors Gain N261bn In April Shareholders in banks quoted on the main and premium boards of the nation’s stock market reported a...
Nigeria received $8.4bn investment announcement inflows in Q1 2021 Nigeria received about $8.4b investment announcement inflows in quarter one (Q1) 2021, Executive Secretary of the...
MTN grows Q1 profit to N74bn despite losing 5m subscribers Telecommunications giant, MTN Nigeria Communications Plc has reported an improved profit after tax (PAT)...
… As Ethereum gives Bitcoin CAP a hot chase Ethereum is giving Bitcoin, the world’s most popular cryptocurrency, a hard chase in the crypto market....
DMO: Nigeria’s debt to China’s EXIM Bank hits $3.714b Pays $391.66m interest Repays $449.89 principal $1.267bn railway loan largest debt burden Nigeria’s total debt to...
Pension assets dip by N7bn Latest report by the National Pension Commission (PenCom) has shown that aggregate pension assets in Nigeria took a dive...
Oil hits six-week high $68.47 as dollar weakens The international oil benchmark, Brent crude, reached its highest in six weeks on Thursday as strong...
Portfolio investments evade Nigeria as stock market posts N676.53bn turnover The waning appetite of foreign investors in the Nigerian equities market is fast fading...
FULL TEXT: Why we sacked FirstBank board — Emefiele Nigeria’s premier bank, First Bank, has for years been plagued by “bad credit decisions, significant and...
CBN Sacks FBN Board over removal of MD/CEO The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has sacked the entire members...
Bears maintain grip on equities as investors again lose N280bn Investors in the Nigerian stock market lost N274bn on Wednesday as 23 firms saw...
Nigerians trade N1.5bn crypto volume on Paxful Paxful, a global peer-to-peer fintech, has said Nigeria is now its biggest market with a volume of...
CBN defends naira with $1.47bn in one month The Central Bank of Nigeria (CBN) injected $1.47 billion into the foreign exchange segment of the...
Naira depreciates in I&E window In the foreign exchange market, the naira traded at a lower value on Tuesday as the Nigerian currency shed...
Equities shed N7bn as banking stocks go bearish The local equities market reversed its previous day’s gains on Tuesday as the benchmark index declined...
N1.23trn bad loans bite as banks’ gross credit tops N20trn Analysts have blamed the woes of Nigerian economy on bad loans in the banking sector....
E-payment: Banks process N356.47trn in Q4 2020 alone A total volume of 3,464,811,083 transactions valued at N356.47 trillion was recorded in Q4 2020 as...
Amazon chooses South Africa for its Headquarters in Africa Nigeria, Africa’s largest economy has again been ignored by another global tech giant, Amazon by building...
Four Mills pledges N160bn to develop Nigeria sugar backward integration Nigeria’s food and agro-allied group, Flour Mills of Nigeria Plc has announced an increased...