Nigeria’s development finance institution, Development Bank of Nigeria Plc (DBN), has said more business owners will get loans as it is addressing major financing challenges facing...
The cost of Premium Motor Spirit (PMS), also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to...
Debt failure: UBA seizes AEDC’s 60% equity The United Bank for Africa (UBA) took over 60 per cent equity of private investors in Abuja Electricity Distribution...
Nigeria’s total merchandise trade rose to N13.3 trillion in Quarter Three of 2021, representing 10.43 per cent increase over N12.02 trillion recorded in Quarter Two, Mr...
As cross-border investments across Africa dwindled significantly in 2020, Nigeria’s communications sector attracted foreign direct investment worth $2.5 billion. The Ernst and Young revealed in its...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the project aimed at revamping the National Arts Theatre is costing the Bankers’...
Concerned by dwindling inflow of foreign direct investment (FDI) in Nigeria, the Association of Investment Advisers and Portfolio Managers (IAPM) has renewed commitments to entice Nigeria...
Weekly trading at NASD OTC turned positive last week delight of investors in the market who made home with N440 million gain. This was as the...
The outcome of trading activities ended in the mix across the fixed income space last week as bond and OMO investors largely hung around on the...
The bears dictated proceedings in the domestic bourse, as profit-taking activities dominated market performance, with the All-Share Index (ASI) recording declines on all the trading days...
CBN bets on $41.4bn reserves for imports, foreign investments attraction Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has expressed confidence in the country’s...
AfDB approves $35 million facility for Ecobank International affiliates The Board of Directors of the African Development Bank (AfDB) has approved a $35 million unfunded risk-sharing...
Creates awareness of its export drive. First Bank of Nigeria Limited has announced the convening of its non-oil export webinar series. According to the Nigeria’s...
Amid mixed sentiment in the Nigerian fixed Income market, the overnight (OVN) rate in the money market contracted by 433 basis points week-on-week to 3.0%, last...
Securities and Exchange Commission (SEC), at the weekend in Lagos cautioned quoted companies and capital market registrars against engaging in selective payments and distribution of dividends...
Investors at the Nigerian equities market smiled all the way to the bank last week after a positive close with N44 billion profit to end downtrend...
NASD OTC Securities Exchange Index closed last week in the red as the NASD Security Index (NSI) which measures price movement in the market decreased by 0.10...
After its launch in 2009, Bitcoin ushered in a new era of blockchain technology and digital currencies. Given all the talk about Bitcoin, you’d think it would be...
About 90 per cent of the applications by airline operators for expert quotas in their businesses have been rejected, the Federal Government has said. It said the...
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since...