Finance

Nigeria Stock Market Statistics (Thursday,8th November, 2012) Market Cap (N’bn) 8,567.05 Market Cap (US$’bn) 54.43 NSE All-Share Index 26,883.76 Daily Performance %…

Two International Rating Agencies, Standard & Poor’s upgraded Nigeria’s credit rating on Wednesday because of improved financial stability and optimism over reforms…

China’s Sinopec is close to buying stakes in Nigerian onshore oil blocks from French oil major Total worth about $2.4 billion. Asia’s…

Nigeria’s Finance Minister Dr. Ngozi Okonjo-Iweala has asked the National Assembly to expand its 2012-2014 external borrowing plan by $1.3 billion to…

Market Cap (N’bn) 8,537.90 Market Cap (US$’bn) 54.31 NSE All-Share Index 26,792.27 Daily Performance % 0.26 1 Week Performance % 1.37 YTD…

A total of 218.96 million shares valued at N1.54 billion were traded in 3,995 deals on the Nigerian Stock exchange on Friday.…

Nigerian inter-bank lending rates were flat at an average of 12 percent this week as a slow down in foreign exchange demand…

BY OMOH GABRIEL THE International Monetary Fund, IMF, yesterday, cautioned Nigeria against expansionary fiscal policies, given the uncertainty that still pervades the…

Nigeria’s First Bank will pursue an “aggressive” expansion strategy into next year as it seeks to tap into the growing consumer market…

Trading activities on Wednesday remained on a negative trend at the Nigeria Stock Exchange as major blue chip equities recorded price losses…

African phone tower group IHS plans to sell 25 percent stake in its telecom infrastructure business to European investment firm Wendel for…

Nigeria’s Starcomms has agreed a $210 million investment deal with investor group Capcom Limited for a 90.5 percent stake in the telecom…

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said that the allegation that the commission moved five oil communities from Rivers to…

The Central Bank of Nigeria (CBN) says the nation’s external reserves has risen to 42.56 billion dollars on Oct. 29, up from…

President Goodluck Jonathan has ordered the two other committees set up to look into the country’s petroleum industry to submit their reports…