Persistent downtrend of the Nigerian stock market bled over on mid-week trading session on Wednesday as investors in the market again lost N50.84 billion. Activities in...
Ecobank Transnational Incorporated (ETI) said it has redeemed its 5-year $400 million convertible debt following its maturity. The debt instrument was issued in September and October...
Barely 48 hours after the Central Bank of Nigeria (CBN) announced plan to redesign three naira denominations, the local currency has caught fevers from the new...
Weekly Trading activities in the unquoted stock market, the NASD OTC Securities Exchange, led to N10.22 billion loss for investors in the market following negative movements...
The aggregate value of stock investment in the country rose to N24.234 trillion as mid-week trading activities in the market led to N39 billion gain on...
Africa is not immune to the ‘all-asset’ sell-off that markets are experiencing but when the dust settles investors may find good opportunities on the continent says...
Those whose allegiance lies with cryptocurrencies were not impressed by the eNaira transaction data reeled out by Godwin Emefiele, Governor of the Central Bank of Nigeria...
Nigerian equities market closed positive as the key market indicator advanced by 326.51 basis points amid negative market breadth on Tuesday. Consequently, the Nigeria Exchange Limited...
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has successfully closed a $389 million dual currency Samurai term loan facility, split into $382...
Africa’s Global Bank, United Bank for Africa Plc has disclosed that it gained N116 billion as profit after tax (PAT) at the end of its nine-month...
Says CBDC attracts interests of IMF, World Bank, global CBDC Community The Central Bank of Nigeria (CBN) has announced a calendar of events to mark...
The Nigerian equities market started the week on a sour note as investors in the market lost a whooping N655.29 billion as a result of negative...
In a bid to deepen knowledge on cybersecurity and Blockchain technology across Nigeria, Cyberchain, a decentralised, brand-neutral and people-focused company is set to host a conference...
The Debt Management Office (DMO) has re-opened three Federal Government of Nigeria (FGN) Bonds valued at N225 billion for subscription, for the month of October. According...
Magnificent Multiservices Limited has registered N20bn series 1 Commercial Paper programme on the FMDQ Securities Exchange platform with N5bn accessed already for its proposed city and...
The Nigerian stock market lost N1.48tn in the third quarter (Q3) of 2022 as investors’ shifted investment to fixed market instruments. In the period under review,...
Trading activities in the Nigerian equity market ended last week on a negative note tat rub off investors N137 billion. The depressing experience during the week...
We, the older folks, may disagree with the mannerism of the “sorosoke” generation but we lack the impetus to question their ability to put in the...
The aggregate value of stock investments in Nigeria lost N189 billion last week due to negative movements in the share prices of some 36 companies during...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2022, recording double-digit growth...