The Nigerian Naira experienced a significant decline against the US Dollar in the black market, settling at an average exchange rate of N760/$1 on Monday, May...
Michael Nsikak John, a graduate of Mathematics from the University of Nigeria, Nsuka, Nigeria, has launched Nairacoin, the first native coin on a blockchain to create...
Nigerian Equities Market closed positive on Friday as the key market indicator advanced by 53.38 bps amid positive market breadth. The NGX All-Share Index declined by 0.10% to...
In line with its mandate to promote investor participation in Nigeria’s capital market, enhance secondary market, Nigerian Exchange Limited (NGX) in collaboration with Afrinvest is set to...
The Chartered Institute of Stockbrokers (CIS) has inducted the Chief Executive Officer of Nigerian Exchange Limited (NGX), Mr. Temi Popoola as a Fellow of the Institute...
Nigerian Exchange Limited (NGX) has lauded the Association of Securities Dealing Houses (ASHON) for enhancing professionalism and ethical conduct in the market. This was disclosed at...
Nigerian Breweries Plc has revealed a plan to raise N25 billion from commercial paper issuance to support the company’s short-term working capital and other funding needs....
Nigerian Exchange Group Plc (NGX Group) has announced its unaudited results for the period ending 31 March 2023, as the Group’s bottomline for the period rose...
Telecoms giant, MTN Nigeria, has disclosed its unaudited financial report for the first quarter of 2023 in which it set new records across its key performance...
Nigerian Equities Market closed positive on Wednesday as the key market indicator advanced by 491.13 basis points amid positive market breadth and ballooned turnover. The benchmark...
After a one-week breather, Nigeria’s foreign exchange (forex) reserves reversed to its recent negative trend, dropping by $79.77 million to close weekend at a new low of...
Transnational Corporation of Nigeria (Transcorp) Plc and Access Holdings Plc were the most-sought after stocks at the market as investors scrambled to take positions in the...
The local stock market witnessed another subdued performance despite closing marginally higher on three out of the four trading sessions last week. Recall that the Federal...
The gap between the Nigerian naira exchange rates at the investors, exporters’ window and parallel market printed lower at N278 per United States (US) dollar. Creating...
Nigeria’s domestic bourse resume trading on Monday only to tilt towards bears’ camp as sell-offs on the floor of the exchange, forcing share prices to close...
By Sandra Orim The Securities and Exchange Commission (SEC), Nigeria’s apex capital markets regulatory body, has issued a fund/portfolio manager’s licence to Kudy Financials Limited. This...
Abbey Mortgage Bank Plc has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices. The full-year...
Guaranty Trust Holding Company (GTCO) Plc, the holding company for Guaranty Trust Bank and other subsidiaries, recorded marginal decline in profitability in 2022 as pre-tax profit...
Nigeria’s financial markets were in a tailspin at the weekend amid concerns over macroeconomic outlook and dodgy currency risks. Consequently, the naira fell across the official...
Stock investors in Nigeria recorded significant losses last week following sustained sell-offs in the market, leading to N601 billion net loss in just four days during...