After two days of bullish closes that led to approximately N2.21 trillion profit on Nigerian stocks on Tuesday and Wednesday, investors in the capital market embarked...
By CardinalStone Analysts Event: The Central Bank of Nigeria (CBN) announced the abolition of segmentation in Nigeria’s FX market, with all segments effectively collapsed into the...
This will boost increased participation in investments – SEC, NGX Local currency payment to reduce pressure on country’s reserves – PAPSS The African Stock Exchange...
The Central Bank of Nigeria (CBN) has announced the official unification of all segments of the forex exchange (FX) market to abolish differing exchange rate regime....
The recent suspension of Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN) seemed to have ignited positive sentiment in the Nigerian stock market....
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...