Investors at the Nigerian Stock Exchange lost N135.8 billion as the benchmark index continued on its downward trend. The All Share Index…
Category:
Finance
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The Debt Management Office (DMO) said that N198.032 billion Nigerian Treasury Bills (NTBs) that will mature in December 2017 will be repaid…
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The interbank window of Nigeria’s Foreign Exchange market has received yet another boost of $210,000,000.00 from the Central Bank of Nigeria (CBN).…
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Former chairman of the Economic and Financial Crimes Commission (EFCC) Mallam Nuhu Ribadu, has said that Nigerian banks are fuelling fraud as…
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BusinessFinanceNews
Bitcoin exchange Bithumb says ‘right’ regulations in South Korea would boost market
(Reuters) – The Seoul-based operator of the world’s busiest virtual currency exchange Bithumb said on Tuesday it will fully comply with potential…
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The Nigerian equities market rebounded today, albeit a marginal gain, following a 2-day negative trend as the All Share Index (ASI) rose…
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Participants at the 12th African Economic conference have urged African countries to add value to their exports in order to score a…
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FinanceNewsStock Market
Market opens lower on profit taking in Large-Cap Stocks … NSE ASI down 88bps
In line with expectation, the equities market opened the week negative as the All Share Index fell 88bps to 38,913.99 points while…
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Lagos State government has proposed a budget of N1.046 trillion for the 2018 fiscal year. The state governor Akinwunmi Ambode presented the…
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The Central Bank of Nigeria (CBN) closed the market for the week with sale of the sum of $303.9 million in the…
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The Nigerian National Petroleum Corporation (NNPC) said that 577 firms have indicated interest to secure the insurance renewal contract for its oil…
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Seven-Up Bottling Company will hold a meeting of shareholders in January to approve a bid by majority investor Affelka to buy out…
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Nigerian Stock Exchange market indicators downgraded by 0.70 per cent on Friday to halt six consecutive days of upward movement, due to…
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Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has tasked implementing Agencies collaborating with the CBN on the Financial System Strategy…
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Bitcoin flirted with $17,000 on Thursday, triggering a warning the cryptocurrency is “like a charging train with no brakes” and prompting fresh…