In line with rife expectations by investors in the Nigeria’s Fixed Income (FI) Market, the overnight (OVN) rate expanded by 424 basis points last week to...
As bears fan ember of profit-taking Despite the rout across the global equities market, the rally in the Nigerian equities market remained unscathed as intense bargain...
The Securities and Exchange Commission (SEC) has issued a body of rules and regulations that will guide issuance and transactions of digital assets such as cryptocurrency...
Airtel Africa has reported a strong 20.6 percent growth to $4.7 billion in its annual revenue from $3.9 billion last year driven by strong growth in...
Transcorp Hotels Plc has ended the first quarter of 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion...
Resilient consumer demand drives volume growth ahead of industry, with significant revenue and profit growth. “Based on a consistent commercial strategy, we are growing ahead of...
The Debt Management Office (DMO), on Monday announced the offer of two Federal Government of Nigeria (FGN) bonds for subscription. The first offer is a two-year...
Unity Bank Plc has declared a profit before tax of N3.33 billion in the financial year ended December 31, 2021, indicating a 49.9 per cent increase from the N2.22...
Investors at the Nigerian Exchange Limited (NGX) went home at the end of trading last week with N301 billion profit as the market sustained positive trend...
It was not a great week for investors at the NASD OTC Securities Exchange who lost N97.15 billion of their investment last week after the market...
Impressive corporate earnings released by bellwether stocks supported market performance last week, as investors increased their bets on blue-chip companies in anticipation of continued expansion in...
Karl Toriola, the Chief Executive Officer of MTN Communications Nigeria Limited has explained how the telecoms giant recoded 22% growth in its service revenue in the...
Nigeria’s leading telecommunications company, MTN Nigeria Communications Plc, has just announced its unaudited results for the first quarter ended 31 March, 2022. The reported presented to...
Zenith Bank Plc has grown its total assets above N10 trillion to hit N10.32 trillion in the first quarter of 2022 from N9.45 trillion it stood...
Guaranty Trust Holding Company Plc (GTCO Plc) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian...
Below is the commentary on the Foreign Exchange (FX) market with data for the week-ended April 22, 2022. The table following the commentary compares weekly turnover for...
The local bourse extended its positive and impressive run for the second straight week with broad-based gains across sectors to give market investors N511.8 billion as...
Participation of foreign investors in the Nigerian economy through the country’s stock market has further faded in the first quarter of the year spanning January to...
The Nigerian Communications Commission (NCC), stakeholders in the academia, the public sector and enthusiasts of technology for development, have deliberated on the benefits derivable from emerging...
Following modest gains recorded by many blue-chip stocks, especially Eterna and Japaul Gold and Ventures, transactions on the Nigerian Exchange Limited (NGX) sustained a rising profile...