Cement Company of Northern Nigeria (CCNN) led 24 other stocks to emerge the best performing stock in percentage terms on the Nigerian…
Finance
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The National Bureau of Statistics (NBS), in its latest data on Value added tax in Nigeria said the revenue generated from it…
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GCE of FCMB Group As part of the strategy to harmonise its global brand and identity, FCMB Group Plc has announced…
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Today, the first day of trading in 2019, the equities market posted a weak performance as sell-offs in DANGCEM (-1.9%), NIGERIAN BREWERIES…
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With the resumption of business after the Christmas and Boxing Day festivities, the Central Bank of Nigeria (CBN) on Thursday, December 27,…
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The local bourse closed negative today as the All Share Index (ASI) dipped 0.9% to 31,692.63 points while YTD loss worsened to…
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EconomyFinanceNews
Afreximbank, African Guarantee Fund sign $30m re-guarantee facility to support African SMEs.
The African Export-Import Bank (Afreximbank) has signed an agreement with the African Guarantee Fund (AGF) for a $30 million re-guarantee facility to…
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BusinessFinanceNews
Ecobankpay offers special end of year discount to shoppers, holiday banking services
Ecobank Nigeria Limited has announced special discount for shoppers using the Ecobankpay option to pay for their goods and services during the…
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The African Export-Import Bank (Afreximbank) has signed a financing agreement with Securiport SUARL, Senegal, to provide Securiport with a $15-million term loan…
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The Central Bank of Nigeria (CBN) said it has resolved the foreign exchange dispute it had with MTN Nigeria. In a statement…
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BusinessEconomyFinanceNews
NEXIM making concerted effort to revive cocoa processing as Sealink will take off soon
At the just concluded Intra Africa Trade Fair, Nigerian Export Import Bank Managing Director, Abubakar Bello spoke to the media about the effort the…
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CoralPay has deployed the first interoperable USSD and mobile payment platform to Nigerians desirous of a seamless and secure payment solution. The…
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FinanceNewsStock Market
Domestic Equities Market: Local Bourse Bucks 4-Week Bearish Performance…ASI up 0.3% W-o-W
This week, increased buying interest in bellwethers – FBNH, NESTLE and DANGCEM – outweighed sell offs in ACCESS, UBN and ETI, hence,…
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Minister of Budget and National Planning, Sen. Udoma Udo Udoma has said in Abuja that the federal government plans to sell parts…
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FinanceNewsStock Market
Buying Interest in Bellwethers Upturns Performance in Local Bourse… ASI Up 32bps
The buying interest in bellwethers – SEPLAT (+6.8%), DANGCEM (+2.2%) and GUARANTY (+0.3%) upturned yesterday’s bearish sentiment as the NSE All Share Index (ASI) appreciated 0.3% to settle at…