By Rosemary Iwuala FCMB Group Plc has successfully raised N20.686 billion from the debt market to finance its banking subsidiary First City Monument Bank Limited. It...
Nigerian Equities Market closed negative on Tuesday as the key market indicator declined by 65.47 basis points equivalent to N36 billion for stock investors. This happened...
Amid the lingering forex (FX) scarcity in the country, commercial banks have announced that international school fees and upkeep requests through Form A will now be processed...
By Christy Animam With the final orderbook closing in excess of $3.5 billion and 95 investors participating, the African Development Bank (AfDB) set the size of...
In the just concluded week, values of federal government of Nigeria (FGN) bonds traded at the over-the-counter (OTC) segment appreciated for all maturities amid demand pressure....
Performance of United State stocks and other global markets lost momentum this week as investors were put on the edge after indications went rife for the...
Equity market Investors’ risk appetite for Nigerian stocks has sustained its uptrend for the third consecutive week with investors smiling all the way to the bank...
Demand and supply pressures in the currency market persisted for another week but the value of the naira strengthened last week across the board. Naira regained...
The bullish impetus in the Nigerian stock market switched into a higher gear, as investors cherry-picked stocks following decent 2022 Full Year corporate earnings releases. The...
The Nigeria Exchange Group (NGX Group) has reported 68.9% decrease in its profit after tax (PAF) for the financial year ended December 31, 2022. The audited...
Stock investors in Nigeria lost N281 billion at the end of the last five-day trading week during which the naira scarcity crisis in Nigeria also deepened...
Trading activities in the Nigerian equities market closed positively on Wednesday as the bargain hunting in the shares of Dangote Cement which gained 1.9% underpinned market...
As it advances on its digital transformation agenda, Nigerian Exchange Limited (NGX) has set up the NGX Digital and Technology Products Advisory Panel. The Panel would...
By Christy Animam Downstream oil and gas company, Ardova Plc has disclosed that Ignite Investments & Commodities Limited and its majority shareholder, has expressed intention to...
Positive trading persisted in the domestic bourse on Thursday as bargain buying in the shares of MTN Nigeria (+3.9%) and SEPLAT (+9.5%) spurred a 0.9% gain...
Nigeria’s largest telecommunications company MTN has reported over N2 trillion revenue in 2022, to become the first publicly listed company with highest reported revenue. The company...
The Nigerian stock market on Monday commenced a new week on a positive note as the market tilted in favour of investors with a collective gain...
Investors have dumped Nigeria bonds at the fastest pace amid moody’s downgrade of its long-term foreign-currency and local-currency issuer ratings, Bloomberg has said. According to the...
Trading activities on the floor of the Nigerian Exchange Limited (NGX) wrapped up the last trading week bullish as stock investors gained in N34 billion from...
Latest industry statistics by the National Pension Commission (PenCOm) has revealed that pension funds Assets Under Management (AUM) in the country rose to about N15 trillion...