Discos failed to pay N510.53bn in 2020 – NERC Power distribution companies (Discos) in Nigeria failed to pay a total of N510.53bn for the...
Public debt hits N32.92trn in December- NBS The National Bureau of Statistics (NBS) on Monday said States and Federal debt stock stood at N32.92 trillion...
SEC issues new rules for warehouse, collateral management The Securities and Exchange Commission (SEC) has released new rules covering warehousing and collateral management among others....
Seplat issues $650m five-year senior notes Seplat Petroleum Development Company Plc, a Nigerian independent energy company, said on Sunday that it had priced its offering...
FG moves to revive rotting $600m oil fabrication yard in Lagos The Federal Government has said it is ready to champion revival of $600 million...
As market halts 6-week downtrend The six-week losing streak in the market came to a halt at the end of trading activities last week, as...
United Capital to raise fresh N100bn capital The shareholders United Capital Plc, a leading financial services group in Africa have authorized their directors to raise...
Lafarge Africa grows revenue 8.3% to N230.6bn in 2020 Lafarge Africa, a leading cement manufacturer in Africa has reported relatively weak revenue numbers for the full...
Dangote Cement Plc has obtained approval from the board of the company to access debt funding options in the capital market. The announcement for the regulatory...
Nigerian stocks maintain uptrend with N109bn gain The local bourse ended Thursday session on bullish with bullish sentiments, as the All-Share index advanced by...
Nigerians to buy petrol for N234 per litre as NNPC get tired of N120bn monthly subsidy payment The Nigerian National Petroleum Corporation (NNPC) has...
One Year of Remote Trading: The NSE Experience A year ago, The Nigerian Stock Exchange (NSE or The Exchange) made the bold move to activate...
Bulls stage comeback with N199bn gain on Dangcem, MTN, Stanbic, other stocks At the close of trading at the domestic equities market on Wednesday, the...
Oil tumbles 4% on concerns over Europe curbs, rollouts Oil prices fell more than 4 per cent on Tuesday, hit by concerns over new...
Ecobank Group’s profit crashes 57% to $174m in 2020 Ecobank Transnational Incorporated Group (ETI) has recorded significant decline in its profit for the year...
Dangote Cement pays N97bn tax as Nigerian operation pulls N720bn revenue Africa’s largest cement producer, Dangote Cement Plc, has remained a major contributor to the...
Stock investors lose N7bn as market returns southwards Sentiments again went negative as trading on the floor of the Nigerian Stock Exchange (NSE) closed southwards...
UK unemployment falls back to 5% The unemployment rate fell to 5.0% in November to January, down from the last reading of 5.1% in October...
CBN retains lending rate at 11.5% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at...
By FBNQuest Analysts The monetary policy committee (MPC) holds its latest meeting today and tomorrow. In the earlier days of the COVID-19 pandemic rate-setting bodies globally...