THE Federation Accounts Allocation Committee (FAAC) has shared N716.298 billion to the three tiers of government for the month of December 2019.…
Category:
Finance
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A British prosecutor has launched a fresh attempt to confiscate tens of millions of pounds stolen from an oil-producing state in Nigeria…
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The gains in bellwethers, DANGCEM (+2.9%), MTNN (+2.1%) and GUARANTY (+1.7%), pushed the All-Share Index up 1.0% to 29,352.13 points. Hence, YTD return improved to…
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President Muhammadu Buhari has forward the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the…
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As school opens for 2020 and parents are raising funds to pay school fees and buy books, retail investors are selling off…
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Profit taking in MTNN (-2.7%) and DANGCEM (-1.2%) dragged the All-Share Index down 1.2% to 29,633.58 points. Accordingly, YTD return slumped to…
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The week started on a bullish note as price appreciation in MTNN (+10.0%), UBA (+3.6%) and UACN (+7.8%) buoyed the broad index…
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Nigeria debt service hits $1.31 billion in 2019. Available data in Central Bank of Nigeria (CBN) showed that Nigeria spent $1.31 billion…
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The Swiss National Bank says it expects to post an annual profit of 49 billion Swiss francs (50.29 billion dollars). This figure…
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AgricultureEconomyFinance
Ecobank opens Agric Financing Scheme; to host Nigeria’s biggest Agric-Business, Food summit
Ecobank Nigeria in its quest to enhance its non interest income has said it has opened an Agriculture Businesses Finance Scheme where…
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22 stocks gained in price appreciation as 21 other declined at the Nigeria Stock Market trading in shares. The best performing stocks for…
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The domestic bourse sustained its rally as gains in DANGCEM (+9.3%), MTNN (+1.8%) and STANBIC (+6.3%) pulled the All-Share Index (ASI) 354bps higher to 28,562.48 points. This is coming…
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United Bank for Africa Plc (UBA) has appointed Mr. Oliver Alawuba as the Chief Executive Officer (CEO) UBA Africa, overseeing the bank’s…
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The equities market sustained its bullish trend following price appreciation in DANGCEM (+2.7%), ZENITH (+5.0%) and ACCESS (+3.7%) which pulled the All-Share Index (ASI) up 90bps to…
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The Edo State Government has commenced the payment of the new N30,000 minimum wage to workers in the state with the adjustment of the government’s…