Finance

The All-Share index declined 16bps to close at 24,933.41 points due to sell-offs in NIGERIAN BREWERIES (-9.5%), ACCESS (-0.7%) and JAIZBANK (-9.0%). As a result, market capitalisation declined…

Naira opened weaker at N385 per dollar for the second day in a row, but it recovered to N361 on the official…

Nigeria will seek to unify its multiple exchange rate regime to generate more local currency from its dollar inflows and manage the…

The benchmark index appreciated 17bps to close at 24,972.82 points as investors cherry-picked bellwethers including NESTLE (+10.0%), ACCESS (+1.5%) and FLOURMILL (+4.4%). As a result, market capitalisation increased by ₦21.9bn to…

United States Export Import Bank officials say they are looking at relief measures and opportunities for healthcare engagement in Africa. A virtual…

German government says it has assume premium payments of around EUR 19 million for the drought insurance offered by the African Risk…

The Banker, a Financial Times publication that examine Top 1000 World Banks ranking has said that in 2019, the Africa continent’s banking…

Today, the All-Share index lost 9bps to close at 24,930.88 points due to price declines in MTNN (-0.9%), FLOURMILL (-6.7%) and FBNH (-1.9%). As a result, market capitalisation fell ₦12.2bn to…

The United States has classified Nigeria among 14 countries that made “significant progress” towards meeting its minimum fiscal transparency requirements in 2019.…

Dr Hassan Mahmud, Director, Monetary Policy Department, Central Bank of Nigeria (CBN) has advised West African countries affected by COVID-19 pandemic to…

Debt Management Office has raised N162.56 billion on behalf of the federal government to help finance infrastructure projects through the sale of…

Sell-offs in MTNN (-1.7%), BUACEMENT (-1.8%) and ZENITH (-2.7%) dragged the All-Share Index by 91bps to close at 24,954.25 points. As a result, market capitalisation fell ₦119.2bn to settle at ₦13.0tn while YTD…

Afreximbank President Prof. Benedict Oramah Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the…

A yet to be published audit report of the insider dealings that ruined Skye Bank  indicates that non performing facilities granted to…

The World Bank Group has said in its latest estimate that Nigeria, India, and the Democratic Republic of Congo are “three countries…