The domestic bourse commenced the week on a positive note as price uptick in BUAFOODS, DANGSUGAR, and TRANSCORP pushed the NGX-ASI up…
Finance
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Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have signed an amendment to the Memorandum of Understanding…
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In the last trading session of the day, Nigerian equities staged a rebound, recouping the prior session loss as the benchmark index…
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Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.14% to close at 65,401.82 points. Selloffs in…
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The New Development Bank created by BRICS countries in 2015 can help finance African countries’ projects to tackle their most urgent challenges,…
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FinanceNewsStock Market
Ikeja Hotel pays N7.5 final dividend per share as NGX All-Share Index gains 1bp
Ikeja Hotel Plc said that a final dividend (FY:2022) of ₦7.50k per unit of ordinary share amounting to a total of ₦155.9…
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Bureau De Change Operators in Nigeria have agreed with the acting CBN Governor that most transfers conducted by the International Money Transfer…
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Edo State Governor, Mr. Godwin Obaseki, has settled the benefits and gratuity of the former governor of the State, Late Professor Ambrose…
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For the third consecutive session, the Lagos bourse maintained the bull run bringing the benchmark index up by 0.44% to close at…
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FinanceNewsStock Market
Conoil to pay N2.50 final dividend per share, NGX All-Share Index extends gains, up 0.71
Conoil Plc announced that a final dividend (FY:2022) of N2.50k per unit of ordinary share will be paid on the September 29th,…
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Nigerian banking industry lost about N9.5 billion to electronic fraud in 2023 according to report of the Nigeria Electronic Fraud Forum. The…
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Nigerian equities staged a late recovery as the All-Share index closed 0.46% stronger to settle at 64,743.96 points. The bulls overcame the…
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BusinessFinanceNews
CBN issues guideline for Bureau De Change operation, sets -2.5 to 2.5 buying, selling limits
Central Bank of Nigeria in a circular titled Operational Mechanism for Bureau De Change Operation in Nigeria has set a buying and…
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Seplat Energy Plc has announced the exchange rate of $1 to N759.86 for the conversion of the Naira equivalence of its Q2:2023…
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Airtel Africa has confirmed the annulment and extinction of all its deferred shares of $0.50 nominal value each. This “Capital Reduction” was…