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.…
Category:
Finance
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Nigerian inter-bank lending rates were flat at an average of 12 percent this week as a slow down in foreign exchange demand…
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BY OMOH GABRIEL THE International Monetary Fund, IMF, yesterday, cautioned Nigeria against expansionary fiscal policies, given the uncertainty that still pervades the…
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Nigeria’s First Bank will pursue an “aggressive” expansion strategy into next year as it seeks to tap into the growing consumer market…
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Trading activities on Wednesday remained on a negative trend at the Nigeria Stock Exchange as major blue chip equities recorded price losses…
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African phone tower group IHS plans to sell 25 percent stake in its telecom infrastructure business to European investment firm Wendel for…
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Nigeria’s Starcomms has agreed a $210 million investment deal with investor group Capcom Limited for a 90.5 percent stake in the telecom…
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The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said that the allegation that the commission moved five oil communities from Rivers to…
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The Central Bank of Nigeria (CBN) says the nation’s external reserves has risen to 42.56 billion dollars on Oct. 29, up from…
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President Goodluck Jonathan has ordered the two other committees set up to look into the country’s petroleum industry to submit their reports…
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Foreign exchange sales fell sharply by 69 per cent to $43.5 million at the bi-weekly auction conducted by the Central Bank of…
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By Omoh Gabriel The outgoing Group Managing Director of Union Bank PLC Mrs Funke Osibodu in her valedictory Media chat yesterday said…
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The naira strengthened slightly against the U.S dollar on the inter-bank market on Wednesday, supported by dollar sales by a unit of…
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The market capitalisation of the Nigerian Stock Exchange (NSE) dropped by N108 billion on Wednesday due to huge price losses by some…
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Princess Maxima, United Nations Secretary General’s Special Advocate for Inclusive Finance for Development said that all stakeholders must collaborate to ensure financial…