The Nigerian stock market remains in the green territory to maintain bullish outlook following another profit of N39 billion recouped by investors on Tuesday. The session...
Equities market in Nigeria shed N70 billion at the end of operations on Tuesday after large cap stocks in the market with previous gaining records were...
US stocks dropped on Tuesday as investors mulled Senate Republicans’ coronavirus stimulus package and a slew of earnings reports. The GOP unveiled its initial fiscal relief plan on...
Hope of international flight resumption in Nigeria has got a new slice of life with positive expectation that international airlines operating in the country may hit...
In the first six months of 2020, Nigerians pay a total of N651.77 billion as Value Added Tax (VAT) to the wallet of the federal government...
The stocks of Dangote Cement, WAPCO Plc and some Tier-1 banks have spurred a gain of N186 billion on Monday as the trading activities commenced on...
Cement manufacturer, Lafarge Africa Plc, has reported positive numbers from its half year (HY1) operations identifying its health, cost and cash initiatives as the major stimulant...
There is a need for investors to embrace gold as a portfolio diversifier and for hedging strategy especially in the current environment that presents uncertainties, according...
Hussein Sayed Tensions between the world’s two largest economies are on the rise. After ordering the shutdown of China’s consulate in Houston and claiming two Chinese...
After five consecutive bearish days, the Nigerian Stock Exchange (NSE) pulled away from the danger zone following N177 billion collective profit posted by some nine stocks....
Africa Prudential Plc (AFRIPRUD) has reported a sum of N1.22 billion as profit after tax (PAT) from its operations for the first half year of 2020,...
Lamido Yuguda, Director-General of the Securities and Exchange Commission (SEC), on Wednesday in Abuja commended the Presidential Task Force (PTF) on the Coronavirus (COVID-19) pandemic on...
By Han Tan Risk appetite is edging higher on news that major economies are closer to getting another round of fiscal stimulus, amid promising developments in the...
The Central Bank of Nigeria (CBN) is to establish an Infrastructure Development Company, its governor, Godwin Emefiele, disclosed on Monday in Abuja. Mr Emefiele, who spoke...
Bank loans to the different levels of government and the national economy have continued to grow steadily as the banking sector moves to put its non-performing...
…As Ahmed laments many headwinds troubling economy The woes around funding reviewed 2020 budget have deepened for the Federal Government as only 35 per cent of...
By Ambrose Omordion Trading on the Nigerian Stock Exchange (NSE) last week was relatively calm and mixed as equity prices dropped on cautious buying among investors,...
By Ambrose Omordion Thursday’s trading on the Nigerian Stock Exchange NSE) was bullish extending the gaining momentum of the previous session on long and short-term money...
In the wake of Coronavirus pandemic, half of Small and Medium Businesses (SMBs) in the hospitality and tourism sector have had to close shop across the...
Respite came the way of equities investors on Wednesday as the stock market recorded a dead cat bounce with N7 billion marginal profit. The day’s gain...