Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc UK, according to a press release it sent...
Posts 33% year-to-date return Daily turnover balloons Appetite for banking stocks lifts market In a remarkable turn of events, the Nigerian Exchange Limited (NGX) achieved a...
By Umar Suleiman Nigeria’s President Bola Tinubu will today depart Abuja for New Delhi, India, to attend the G-20 Leaders’ Summit. The President is attending the...
Three subsidiaries of Dangote Group have reached an agreement to merge and become one operating entity under the group while maintaining their respective line of operations....
The Nigerian capital market was euphoric at the close of trading on Tuesday as the market hit a 15-year high. The All-Share Index (ASI) of Nigerian...
A renowned telecoms policy enthusiast, Mr Omobayo Azeez, has warned that the rising skills gap challenge in the Nigerian telecommunications sector is constituting a major threat...
The Centre for the Promotion of Private Enterprise (CPPE) has explained factors that led to the slowing down of the Nigerian economy in the second quarter...
The Securities and Exchange Commission (SEC) has expressed concern as unclaimed dividends in the capital market increased to an estimated N190 billion, stressing that the capital...
Nigeria’s Gross Domestic Product (GDP) growth rate slowed to 2.51 per cent year-on-year in the second quarter of this year (Q2 2023) compared to 3.54 per...
The Central Bank of Nigeria (CBN) intervention in the power, manufacturing and aviation sectors have risen to N5.6 trillion in three years, findings have shown. The...
President Bola Tinubu has released the portfolios for 21 of the 45 confirmed ministerial nominees with former Rivers State governor Nyesom Wike in charge of the...
The Ministry of Finance Incorporated (MOFI), the investment vehicle of the federal government, has said it is working to attain N100 trillion in Asset under Management...
Interests of foreign investors in Nigeria’s manufacturing sector dwindled significantly in the first quarter of 2023, the National Bureau of Statistics (NBS) revealed in its capital...
The debt owed mobile network operators (MNOs) by deposit money banks (DMBs) over the use of the Unstructured Supplementary Service Data (USSD) has risen above N150...
The NGX All-Share Index and Market Capitalization appreciated by 0.22% last to close higher at 65,198.08 basis points and N35.480 trillion respectively. Trading records showed that...
By Umar Suleiman Nigerian Exchange Limited (NGX) has listed Federal Government’s N130 billion Sovereign Sukuk through the Debt Management Office (DMO) on its platform. The 10-year 15.64%...
Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declarations from quoted companies helped Nigeria...
Following the emergency meeting of the Board of Directors on Tuesday, 25 July 2023, Nigerian Exchange Group Plc (NGX Group) has announced an interim dividend of...
The Federal Government has raised about N658 billion in new borrowings to augment national revenue and finance budget deficit. At the first bond auction for the...
The Nigerian stock market resumed activities on Monday on a positive note closing with N203 billion gain. The positive close of the Nigerian Exchange Limited (NGX)...