Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since...
Bitcoin price crashed on Saturday, hitting a seven-week low after a new variant of coronavirus had emerged in South Africa. The world’s largest cryptocurrency dropped over 6 per...
By Afrinvest Research Global Macroeconomic Review & Outlook Recovery Weakens amid Resurging COVID-19 Cases The International Monetary Fund (IMF) in its January 2020 World Economic Outlook...
Sovereign Trust Insurance Plc. has released its third quarter results for the period ended September 30, 2021 and the underwriter posted double-digit growth in its key...
Flour Mills of Nigeria (FMN) Plc had an earnings call to discuss the ongoing acquisition of Honeywell Flour Mills Plc (HFMP) from Honeywell Group Limited...
The Nigerian equities market traded with mixed sentiments on Tuesday as a -2.7 per cent loss in INTBREW offset gains in 1.7 per cent profit recorded...
The money market is placed on high expectation to remain elevated in the double-digit region this week following expected debits by the Central Bank of Nigeria...
For the third consecutive week, Nigeria’s FX reserves nosedived by losing $102.58 million to close last week at $41.41 billion. According to experts, the sustained downtrend...
As investors scrambled to book profit on their equity assets last week, the local stock market was pulled down by 0.12 per cent to close the...
Shareholders of Conoil Plc have approved a total dividend payment of N1.04 billion, translating to 150 kobo for every 50 kobo share. The dividend was approved...
International Breweries Plc has reported a profit after tax of N367.5 million for the third quarter of 2021 as it managed to overcome a loss after...
A major concern for investors over the years is how they can manage to maneuver effects of inflation on the returns made from their investments. From...
The overnight (OVN) rate leaped to 15.3% at the close of activities in the money market last week as the Central Bank of Nigeria (CBN) debited...
Recent announcements by MTN Nigeria and Airtel Africa on acquisition of payment service bank approval in principle has spurred excitement at various quarters but at the...
While bitcoin has been hovering above the $60,000 handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that...
Bitcoin hit another record high and is flirting with $69,000 for the first time after inflation data bolstered the argument that the cryptocurrency is a hedge...
The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors increasingly jump on board. The value...
Transnational Corporation of Nigeria (Transcorp) has reported that its operations across various subsidiaries yielded N13.5 billion from January to September, 2021. This is according to its...
MTN Group, the largest mobile operator in Africa, has announced plans to proceed with a public offer to sell 575 million shares in its Nigerian business...
Transcorp Hotels Plc has announced its unaudited Q3 results showing a rebound from N5.6 billion losses it posted at the third quarter of 2020 when the...