Finance
Nigerian Stock market indices rise by 0.18%
The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently,…
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Finance
Finance
Nigerian Stock market investors gain N45.3bn
The stock market sustained previous day's positive performance as gains in NIGERIAN BREWERIES (+5.4%), UBA (+4.8%) and ETI (+6.4%) drove the benchmark…
Finance
Foreign investors shun Nigerian stocks as FDI, FPI drop lower
Total domestic and foreign portfolio investment (FPI) transactions in Nigeria as at 31 July 2020, fell by 19.92 per cent from N128.88…
Finance
CBN sets minimum capital of N5bn for mobile money licences, to operate in rural areas
Central Bank of Nigeria CBN said it will grant more licences for payment service banks but set a minimum capital base of…
Finance
The Bulls keep foot on the gas at Nigerian stock market
The equities market opened the week positive as the All-Share Index expanded 7bps due to price appreciation in DANGCEM (+0.5%), GUINNESS (+1.3%) and WAPCO (+3.5%),…
Finance
Access Bank, Wigwe emerge winners at 2020 African Banker Awards
Access Bank PLC and its Group Managing Director, Herbert Wigwe, were recognised as winners of the ‘Agriculture Deal of the Year’ and…
Finance
Nigerian Financial markets last week: The Bulls Sustain Position in the stock market
The uptrend in the local bourse persisted last week as sustained buying interest in BUACEMENT, STANBIC and GUARANTY supported overall performance. Consequently,…
Finance
CBN disposition to suppress market forces in FX arena is a major problem—LCCI
Lagos Chamber of Commerce and Industry has said that the disposition of Central Bank of Nigeria to suppress market forces in Nigeria…
Finance
FG to invest N600bn in agriculture for food security – Minister
The Federal Government is set to inject over N600 billion as stimulus response into the agriculture sector. The Minister of Agriculture and…
Finance
Toal capital inflow into Nigeria stood at $1.29bn in Q2 2020, dropped by 78.6%
The total value of capital importation into Nigeria stood at $1,294.94m in the second quarter of 2020 the National Bureau of Statistics…
Finance
CBN to resume forex sales to BDCs
Central Bank of Nigeria CBN is to resume foreign exchange sales to Bureau De Change operators by the end of the month,…
Finance
Senate orders probe into $18bn NLNG dividend, expects report in two weeks
Senate has directed the Accountant General of the federation to investigate payments amounting to $18 billion as dividends from Nigeria’s investment in…
Finance
Afreximbank wins Debt Deal of the Year Award at The African Banker Awards 2020
The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, was today announced winner of the Debt Deal of the Year…
Finance
African Risk Capacity Limited Appoints 2 Non-Executive Directors
The African Risk Capacity Limited (ARC Ltd) Governance Committee has appointed two new Non-Executive Directors (NEDs), Ms. Sarata Kone-Thiam and Ms. Lade’ A.…
Finance
Zenith bank GMD canvasses for non oil exports expansion
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export…