Commercial Banks in Nigeria have counted loses to the tune of N122 billion ($338) as the Central Bank of Nigeria (CBN) hit them with extra ordinary...
By Ambrose Omordion Trading on the Nigerian Stock Exchange (NSE) last week recorded the highest weekly loss since May 29, extending the distribution phase of market...
Asian equities print welcome start to the week while taking the bids during the early Monday. The risk barometer mainly took clues from Chinese stocks that...
The Nigerian stocks closed last week on a negative note as investors’ risk appetite remained weak amid expectation of poor half-year performance. Meanwhile, the stock market’s...
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated 28 successful candidates in its inaugural FirstBank Management Associates Programme (FMAP), virtually held...
Zenith Bank Plc has emerged the Number One Bank in Nigeria, according to a ranking done by Tier-1 Capital in the 2020 Top 1000 World Banks...
Several negative forecasts for the second half-year, 2020 could not stop the bulls from having a day on Wednesday as equities investors gained N60 billion to...
Aggregate equities investments at the Nigerian Stock Exchange lost value in June as investors parted with N398 billion to end the month. This was as equities...
Stanbic IBTC Stockbrokers has given a heads up regarding imminent commencement of book building, for a N10 billion issuance of seven-year fixed rate subordinated unsecured bond...
Despite the amidst economic downturn and realities of the COVID-19 pandemic, Dangote Cement PLC and MTN Nigeria Communications PLC have successfully tapped the debt market, raising...
Sentiment in the domestic equities market remained weak as investors took profits on large-cap stocks in manners that have perpetuated the stock market in the red...
Nigerian equities market sustained its bearish stance on Thursday as bears maintained grip hold of events that led to the sixth consecutive day of losses for...
Weak sentiments continue to pervade the domestic bourse, as selloffs of large cap stocks led the market to its fifth consecutive loss, driven by -10 per...
Shareholders of Nigerian Breweries Plc have approved a total dividend of N16.1 billion for the year ended December 31, 2019 at the rate of N2.01 per...
Stakeholders in the Nigerian Capital market, Asset Management and Banking Industries have called for a rethink of the nation’s economic philosophy and a reset of the...
FMDQ Securities Exchange Limited has listed N23 billion debt securities on its platform as part of efforts to empower the Nigerian financial market, provide a choice...
The Nigerian Stock Exchange (NSE) has announced the upgrade of its Data Portal (X-DataPortal) to further improve investors’ access to the capital market. The revamped X-DataPortal,...
Net outflow soar to N131bn in 5 months ____________________________________________________ Increasingly, the disinterest and loss of enthusiasm of foreign investors in staking their fortune on equities at...
Against the backdrop of the COVID-19 pandemic, millions of bank customers in Nigeria and abroad have been forced to remain at home due to restrictions and...
As market value sheds N186bn Investors are taking advantage of undervalued stocks at the Nigeria Stock Exchange (NSE) to increase their portfolios in anticipation of the...