The Securities and Exchange Commission (SEC) is planning to provide capital market participants with unique identifiers in order to reduce fraud and the quantum of unclaimed...
Agency Report The Federal Government has shelved plans to raise about $950 million selling overseas bonds, owing to unfavourable market conditions during the time frame approved...
Nigeria’s foreign exchange (FX) reserve sustained its descent for the fifth consecutive week, decreasing to its lowest level since 8th October 2021, hitting eight-month bottom. Precisely,...
NASD OTC Securities Exchange has fallen below its historical N1 trillion value after the benchmark index of the market slipped by 5.31% to close last week....
The Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to the DMO, the first one is a two-year...
With the unique capabilities of blockchain technology set to revolutionize transparency, record-keeping, efficiency, and the effectiveness of transactions in the business world – boardrooms across Africa...
If positive market turnover was the sole trigger of a bullish market, the Nigerian equity market would surely be in a celebration mode by now and...
By Sola Oni Investment in any asset class is a tradeoff of risk and return. It is settled in portfolio management that there are four major...
Ahead of the half year close by the end of June, Stanbic IBTC Holdings has notified NGX Regulation Limited (NGX RegCo) and its shareholders that the...
UAC of Nigeria PLC (UAC) has announced the successful completion of its ₦18.7 billion Series 1 and 2 Commercial Paper issuance CP), the debut issuance under...
When expenses double and cost of operating business jacks up as a result of inflation, the impact cannot be lost on the performance of a company...
In a notice filed with the Nigerian Exchange Limited (NGX) on Monday, Seplat Energy Plc has announced the exchange rates it has approved for the payment...
The Nigerian Exchange Limited (NGX) resumed activities for the week on a sour note as investors took profit off stocks following the previous positive closes in...
Nigerian Exchange Limited (NGX) has commended the Institute of Chartered Accountants of Nigeria (ICAN) for its leading role in producing world-class chartered accountants. The Chief Executive...
The country’s external or foreign reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of...
It was a bumper harvest for FBN Holdings Plc in 2021 financial year as the institution posted a profit after tax of N151.079 billion, a 99.86%...
The Nigerian equity market is currently at the mercy of the bears since the market resumed weekly trading on Monday when the bulls surrendered to profit-taking...
Airtel Africa, a leading pan-African provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced that the Board has...
Dangote Cement has recorded a 24.2 per cent increase in revenue and an 18 per cent increase in its profit in the first quarter of 2022...
Reserves May crash below $38 Billion mark – Analyst As pressure continued to mount on the Nigeria’s external reserves, the country’s hard currency vault depleted by...