Nigeria is likely to be included in JP Morgan’s Government Bond Index – Emerging Markets (GBI-EM) from October, potentially bringing up to…
Category:
Finance
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Trading activities on the Nigerian Stock Exchange (NSE) continued on a downward trend on Wednesday as the market capitalisation dipped by N6…
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The Nigerian Stock Exchange (NSE) said on Tuesday that 24 companies listed on the bourse were operating below the listings standard (BLS).…
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Market Cap (N’bn) 7,360.41 Market Cap (US$’bn) 46.46 NSE All-Share Index 23,125.32 Daily Performance % (0.64) 1 Week Performance % (1.14) YTD…
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Nigeria’s state-backed “bad bank” AMCON has appointed Citi and Renaissance Capital to determine the value of three lenders it nationalised last year…
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African Development Bank is proposing to raise funds from among Africa central banks foreign reserves kept abroad to finance infrastructure. The funds…
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Shares turnover grows by 69 per cent on NSE The turnover of shares on the Nigerian Stock Exchange (NSE) grew by 69…
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Market Cap (N’bn) 7,453.77 Market Cap (US$’bn) 46.12 NSE All-Share Index 23,418.66 Daily Performance % (0.44) 1 Week Performance % 0.50 YTD…
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The naira eased against the U.S. dollar on the inter-bank and the bi-weekly foreign exchange auction on Wednesday as strong demand for…
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By Omoh Gabriel A London High Court yesterday found Dr. Erastus Akingbola, the erstwhile Managing Director of Intercontinental Bank Plc liable of…
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By Omoh Gabriel Fitch Ratings has raised fresh alert on the growing loan facilities in the Nigerian Banking sector that might lead…
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The Nigerian Stock Exchange (NSE) has inaugurated a Shari’ah compliant Index, “NSE Lotus Islamic Index (NSE LII).” The index followed an earlier…
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Fitch Ratings says in a newly-published special report that the recent rapid credit growth in the Nigerian banking sector may give rise…
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Central Bank of Nigeria Monetary Policy Committee left benchmark interest rate at 12 per cent on Tuesday as expected but took measures…
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Nigeria’s external trade balance improved to 10.67 billion dollars (N16.63 trillion) in the first quarter of 2012, from the 8.44 billion dollars…