Amid free-falling foreign exchange reserves in it’s vault, the central Bank of Nigeria (CBN) has banned transfer of foreign exchange (forex) from one customer to another....
By Lukman Otunuga Grab your popcorn and find a cosy seat ahead of the latest Purchasing Manager Index (PMI) data from Europe, United Kingdom and the...
The Manufacturing Purchasing Managers Index (PMI) in the month of September stood at 46.9 index points, indicating contraction in the manufacturing sector for the fifth time....
Unitrust Insurance Company Limited says it has successfully raised N1.45 billion through rights issue and has over N6.4 billion qualifying capital as required by the National...
First Bank of Nigeria Limited has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN...
TIME has named one of Africa’s leading investors and philanthropists- Tony O. Elumelu, chairman of the United Bank for Africa Plc and Transcorp Plc, among three...
The domestic equities market sustained its positive performance from the last four sessions, as investors recorded another pocket of gain to the tune of N67 billion...
The power sector owes Niger Delta Power Holding Company (NDPHC) an outstanding balance of N160 billion, Chiedu Ugbo, the managing director, has disclosed on Wednesday. He...
By Investdata Analysts Trading on the Nigerian Stock Exchange (NSE), on Tuesday, gathered more gaining momentum, extending its bull transition for the third consecutive session on...
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO. 132 OF THE MONETARY POLICY COMMITTEE MEETING HELD ON 21st AND 22nd SEPTEMBER 2020 The Monetary Policy Committee (MPC) met...
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address...
The Nigerian Stock Exchange (NSE), Nigerian International Securities Limited (NISL) and the Chartered Institute of Stockbrokers (CIS) on Monday commited to expanding retail investment opportunities in...
The domestic stock market swang northward to close activities on a positive note on Tuesday in a move described by experts as a response to monetary...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has explained factors that led to 100 basis points reduction in lending rate and other decisions...
The Nigerian Stock Exchange (NSE) on Tuesday, September 22, announced that it has listed N10 billion shares of United Capital Plc at the exchange. The bond...
By Inutu Lukonga Small and medium-sized enterprises dominate the business landscape in the Middle East and North Africa region. These enterprises account for more than 90...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to reduce the Monetary Policy Rate (MPR) by 100 basis points from...
The Nigerian Communications Commission (NCC) has embarked on a cost-based study to set the new pricing regime for mobile international termination rate (ITR) for inbound international...
Market Update for September 21 By Investdata Analysts The nation’s stock market, on Monday, maintained a mixed and ranging outlook remaining dicey as its technicals and...
By NOVA Merchant Bank Summary At its meeting in July, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria elected to maintain status quo...
