Sterling Bank Plc has offered a safe option for investments in its Doubble.Ng product to discerning investors seeking double-digit investment income and…
Finance
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The Nigerian equities market erased yesterday’s gains as the All-Share Index declined 38bps to close at 25,312.05 points due to profit-taking in MTNN (-1.7%), GUARANTY (-2.0%) and ZENITH (-1.8%).…
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FinanceNewsStock Market
Investors in Nigerian Stock gained ₦12.8bn as market capitalisation settled at ₦13.3tn
Momentum remains strong in the equities market as the All-Share Index advanced 10bps to close at 25,407.96 points, driven by gains in MTNN (+1.3%), ETI (+7.8%) and…
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BusinessEconomyFinanceNews
Afreximbank partners International Trade Centre to assist African businesses to grow
Afreximbank is teaming up with ITC to train small-business owners and young entrepreneurs in Africa to trade with other African countries as…
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The local bourse sustained gains as the All-Share Index rose 27bps to close at 25,383.43 points following price appreciation in DANGCEM (+1.4%), GUARANTY (+2.2%) and MTNN (+0.4%). Consequently, investors gained ₦47.9bn as…
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South Africa’s largest insurer Sanlam said it bought out the remaining 65 per cent stake in Nigerian insurance business FBN Insurance it…
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EconomyFinanceNews
Giving money directly to people, maintaining private sector will limit the harm of COVID-19—World Bank
World Bank Group has said that securing core public services, getting money directly to people and maintaining the private sector will limit…
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UACN Property Development Company Plc has listed N16 billion rights issue of 15.96 billion ordinary shares at N1 per share on the…
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The Senate has approved President Muhammadu Buhari’s request for $5.51 billion in external borrowing from international capital market. The borrowing is part…
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President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the…
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BusinessFinanceStock Market
Stock market investors gained ₦25.2bn as market capitalisation settled at ₦13.2tn
The stock market resumed the week positive as the All-Share Index rose 21bps to close at 25,316.15 points following buying interest in GUARANTY (+2.3%), DANGSUGAR (+9.7%) and BUACEMENT (+0.7%). As a result, investors…
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EconomyFinanceNews
Zenith named best bank in Nigeria in global finance World’s best banks award 2020
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine…
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Last week the Nigerian financial markets maintain some level of stability. While the stock market sustained a positive outlook, the Naira exchange…
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Bayelsa State government has said it generated N1.2 billion revenue internally for the month of March 2020. The figure is one of…
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President Muhammadu Buhari has sought the approval of Senate for an external loan of 5.513 billion dollars to fund the revised 2020…
