Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2024, with all its...
One of Nigeria’s leading non-interest banks, TAJBank, says it is finalising arrangements to raise the sum of N20 billion Mudarabah Sukuk bond to beef up its...
The Nigerian equities market recorded another decline for the third consecutive week, reaching a four-week low as bearish sentiment triggered selling pressure and profit-taking. These factors...
The FGN Bonds secondary market sustained a bullish run last week, with yields contracting across various maturities amid strong investor confidence. The high-yield environment and expectations...
The Overnight Nigerian Interbank Offered Rate (NIBOR) inched up by 0.04 percentage points week-on-week to 32.92% to close on Friday, reflecting tighter liquidity conditions in the...
The naira posted a moderate appreciation against the US dollar this week, gaining N8.62 or 0.01% week-on-week to close at N1,501.08 per dollar in the official...
The Securities and Exchange Commission (SEC) is amending regulations to ensure that all eligible transactions on regulated exchanges fall within the formal tax net. In a...
Nigeria’s currency, naira, took a dip in the foreign exchange (FX) market on Monday as the local currency closed lower against US dollar at both official...
The Nigerian Exchange Limited (NGX) market capitalisation surged past N65 trillion on Wednesday on strong price appreciation. Investors pocketed N322 billion in gains as the NGX...
According to the governor, the visit to the NGX reaffirmed his commitment to sustainable economic development and the importance of strategic partnerships in attracting investments and...
The general performance of the Nigerian stock market last week was bearish with equity index plunging by 2.94% week on week to close at 102,353.68 basis...
The African Development Bank (AfDB) has signed a $700,000 Donor Contribution Agreement with United States government to develop a credit rating platform for Africa. The agreement...
The Nigerian Exchange Limited (NGX) experienced a notable downturn last week, with the benchmark index that track aggregate share price movement, the All-Share Index (ASI), falling...
The African Development Bank (AfDB) has launched and priced a new GBP 500 million 3-year Benchmark transaction due February 1st, 2028. The bond pays a coupon...
After reaping impressive returns on their investments last week, stock investors in Nigeria are parting with fortune since they returned to the trading floor this week....
The Nigerian Exchange Ltd (NGX) has posted significant gain at the end of its first full week of five trading sessions in 2025. At the close...
After a 50-year hiatus, Ethiopia has officially launched the Ethiopian Securities Exchange (ESX), marking a significant milestone in the country’s financial sector and investors’ participation. Ethiopian...
Guaranty Trust Holding Company Plc (GTCO Plc) has successfully completed the first tranche of its equity capital raise programme, following the completion of the capital verification...
By FBNQuest Research According to the most recent data provided by the CBN’s Quarterly Statistical Bulletin (QSB), the total utilisation of foreign exchange (FX) by various...
In the final trading day of the year 2024, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) shed 22 basis points to...