Russia is intensifying efforts to wean its economy off the US dollar as Washington considers tough new sanctions that could deny it…
Category:
Finance
-
-
The SWIFT banking network, the backbone for international monetary transfers, said Monday it has suspended several Iranian banks from its service, after…
-
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said Nigeria tops other African countries in remittances inflows and is among…
-
Trading at the Nigerian Stock market gained 33bps to settle at 32,154.03 points due to bargain hunting in bellwethers NIGERIAN BREWERIES (+1.3%),…
-
FirstBank Nigeria Limited has reiterated its commitment to the promotion and inculcation of sound business ethics in students of Nigerian universities as…
-
African governments could get access to more Chinese debt if a plan by a leading Chinese banking conglomerate to buy African infrastructure…
-
Ecobank Nigeria has introduced zero fees for all transfers done into Nigeria on its newly launched Rapidtransfer app. The bank’s Managing Director,…
-
The domestic equities market shed 24bps in today’s session to settle at 32,048.18 points due to sell-offs in NIGERIAN BREWERIES (-2.8%), UNILEVER (-6.0%) and…
-
The federal government said it has spent N16 billion on Treasury Single Account (TSA) transaction costs in two years, an average of…
-
Group Managing Director/CEO of Polaris Bank Limited, Tokunbo Abiru; Director -General, Budget Office of the Federation, Ben Akabueze; erstwhile Governor of Central…
-
Swiss Re’s, a leading global reinsurance firm’s 2017 Review and 2018/19 Outlook Report said that global non- life premiums increased moderately, growing…
-
In its first intervention in the inter-bank foreign market for the month, the Central Bank of Nigeria (CBN) on Friday, November…
-
The local bourse closed lower this week from the previous week positive performance as profit taking in market bellwethers dragged the equities…
-
FinanceNewsStock Market
Sell pressures persist as domestic Equities market extend losses…ASI down 1.4%
Sell pressures persisted in the local bourse as losses extended into the third consecutive session. Losses in DANGCEM (-2.9%), NESTLE (-1.5%) and…
-
(Reuters) – Investors pulled the most money out of emerging market stocks last month since the ‘taper tantrum’ panic of 2013 when…