Dazzles stakeholders with growth across key metrics Rising from a lower profit margin of N10.2billion and a debilitating Non-Performing Loan portfolio of 45 per cent in...
Naira remained stable on Tuesday, exchanging at N464.67 to the dollar at the Investors and Exporters’ window. The local currency did not change from its value...
Sentiments in the local bourse turned positive as the All-Share Index (ASI) increased by 0.4% to close at 56,038.85 basis points at the end of Tuesday’s...
By FXTM Analysts Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P 500 closed at its highest level...
The National Association of Securities Dealers (NASD) Over-the-Counter (OTC) Securities Exchange returned to positive territory, as it was pregnant by 2.1 per cent in the 22nd...
Cryptocurrency insurance company, Evertas is now insured to cover policies of up to $420 million from its previous limit of just $5 million, Reuters reported. London-based...
By David Alonge The appointment of Richard Teng to oversee Binance’s regional markets outside the U.S. has positioned the one-time Abu Dhabi regulator as the most...
First Bank has said its profit before tax rose by 12.4 per cent to N147.0bn as of the end of 2022, from N130.9bn in the corresponding...
The Securities and Exchange Commission (SEC) has expressed its readiness to confront and find solutions to the challenges that make companies delist from the capital market....
By Kaliba Bilala “Most large complex financial institutions are global—at least in life if not in death.” – Mervyn King When banks ran into trouble during...
Trading on the floor of Nigerian Exchange Limited (NGX) closed on a positive note on Thursday to commence the new month of June in green with...
By Ambrose Omordion, Chief Research Officer at Investdata Consulting Ltd Trading on the last day of May 2023 on the Nigerian Exchange Limited closed positive, further...
The Nigerian equities market traded marginally higher as sustained interest in BUA FOODS (+5.6%) underpinned a 0.06% increase in the All-Share Index to 55,769.28 points. In...
The Chief Operating Officer i-Invest, Tobi Olusoga has disclosed that in five years, the company recorded over 130,000 subscribers. According to her, the subscribers have executed...
To further diversify its debt profile, Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has secured a $625 million syndicated loan with new lenders...
As trading activities resumed on the floor of Nigerian Exchange Limited (NGX) after the swearing in of President Bola Tinubu, the market has reacted positively to...
Corporate and subnational bond issuances in Nigeria has increased by 502.4% in the last five years spanning 2017 and 2022, managing Director of Investment Banking at...
Investors in the Nigerian stock market recorded N428 billion profit accruing from the weekly trading of equities on the floor of the Nigerian Exchange Limited last...
Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds has risen to N5.06 billion in the first five months of 2023....
The average yield on Nigerian Treasury bills (NTB) rose moderately to 7% as cash tasty deposit money banks (DMBs), fund, and asset managers offloaded their holdings...