DISCLAIMER: CBN exposes 2 unathorised International Money Transfer Operators The Central Bank of Nigeria (CBN) has warned the general public to beware of two firms...
The Nigeria’s fixed income market closed amidst mixed sentiments on Wednesday as performances vary from the forex to the treasury bills and the bond markets. Foreign...
BUA Cement Plc, Nigeria’s second-largest cement manufacturing company quoted on the Nigerian Stock Exchange (NSE) announced it has commenced a book-building process to raise N1oo billion...
As Nestle, Zenith, GTB, bellwethers, buoy bourse The aggregate value of stock investment in the Nigerian capital market advanced by N140 billion following positive midweek trading...
The Federal Government has ordered the immediate reopening of four land borders to facilitate commerce with neighbouring countries, Zainab Ahmed, the Minister of Finance, Budget and...
Evidently, the trend of spending more to get less by Nigerians has reached a new height following o.66 per cent spike in inflation rate in November...
FDI worth $414.79m UK emerges origin of highest capital inflow Lagos swallows $1.209bn capital Standard Chartered Bank leads rivals with $438.98m Nigeria economy attracted a total...
The Nigerian stock market has rebounded from the negative numbers with which it closed activities last week as it commenced a new week with bullish outlook....
The World Bank has finally approved Nigeria’s $1.5 billion loan request. In a statement on Tuesday, the Bretton Wood institution said the facility is a five-year...
Market Update for the Week Ended December 11 and Outlook for Dec 14-18 By Investdata Analysts The weeks after the huge rally in November on the...
Negative sentiments further dominated market performance at the Nigerian Stock Exchange (NSE) as profit-taking pressure by investors continued, a trend that brought the market to its...
By Investdata Analysts The nation’s equity market maintained its bearish mode, closing flat for the second successive session on cautious trading and profit booking that reflected...
STOCK ANALYSIS: By Investdata Analysts Mixed performance and portfolio reshuffling continued on the Nigerian Stock Exchange (NSE) Tuesday, with the composite All-Share index closing flat, but...
Seeks tourism, air transport synergy The Nigerian aviation sector contributed at least $1.7 billion and created 341,000 direct jobs to the country’s Gross Domestic Product (GDP)...
The Director of Petroleum Resources (DPR), Sarki Auwalu, has promised to collaborate with the oil producers trade section (OPTS) of the Lagos Chamber of Commerce and...
The bearish outlook of the Nigerian equities market lasted yet another day as investors recorded the fourth negative close in a row with N16 billion loss...
Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus cases continued...
First City Monument Bank (FCMB) Group has released its earnings forecast for the first quarter of next year, 2021. In the Q1 2021 forecast disclosed at...
The total value of Nigeria’s foreign trade from January to September is estimated at N23.2 trillion, while trade in the third quarter of 2020 (Q3 2020)...
Trading in the Nigerian equities market closed in the red on Monday as following 8.5 per cent sell-offs in the stocks of Ecobank (ETI), 1.8 per...