Market Cap (N’bn) 13,650.19 Market Cap (US$’bn) 84.13 NSE All-Share Index 41,339.48 Daily Performance %…
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Finance
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The Board of United Bank for Africa Plc (UBA) Monday named Mr. Tony O. Elumelu, C.O.N. as Chairman to succeed Ambassador Joe…
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The Federal Government and the Financial Regulatory Authority may tap into the G-20 proposal that will require the top banks in the…
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BusinessEconomyFinanceNewsStock Market
AMCON to sell off shares as stock market recovers N8.5 trn in 5 yrs
THE Asset Management Corporation of Nigeria, AMCON may have begun to offload some of the shares it acquired from the non-performing loans…
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Maya looked on admiringly as the shark swam majestically. Then it turned and started swimming towards her. The shark’s eyes locked with…
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BusinessEconomyFinanceNews
New requirement for BDCs: CBN’s silence occasions apprehension in forex market * 2,385 BDCs meet new requirements
There is widespread apprehension in the foreign exchange market following the continued silence of the Central Bank of Nigeria (CBN) on the…
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The Central Bank of Nigeria, CBN has given banks operating in the country up to December 31, 2014 to achieve “Highly Secured…
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Nigeria and the United States have commenced plans to leverage on US President Barack Obama’s $14bn investment pledge in Africa, for an…
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BusinessEconomyFinanceNews
Zenith, Access, Wema and Fidelity raise staff pay as First Bank, GTbank cut
Three out of the 23 banks in the country reduced staff salaries last year while four others increased the average pay package…
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The Federal Government on Monday approved two of the 17 interested companies to bid for the assets of Nigerian Telecommunications Ltd (NITEL)…
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The Federal Government on Thursday launched the first 10,000 mortgages for the commencement of the Presidential Initiative on the delivery of affordable…
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The federal government would give priority to young Nigerians who never own houses in the allocation of the 10, 000 housing units,…
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Bank customers had agonising experience conducting inter-bank transfers last week due to breakdown of the funds transfer platforms of some major banks.…
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Names have a way of affecting an individual. A man’s path and career could be tied, some how, to his name. Perhaps…
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Activities on the Nigerian Stock Exchange (NSE) on Friday closed on a downward trend as some highly capitalised stocks recorded price depreciation…