Today, the domestic bourse slipped as the benchmark index closed 0.10% weaker at 65,198.08 points. Gains in ZENITHBANK (+1.49%), GTCO (+0.28%) and…
Finance
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FinanceNewsStock Market
GlaxoSmithKline to cease operations in Nigeria, NGX All-Share Index extends gains, up 1.55%
GlaxoSmithKline Consumer Nigeria Plc has informed the NGX and the investing public of its intention to cease operations. This is necessitated by…
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Ending five uninterrupted sessions of losses, Nigerian equities recovered as the benchmark Index rose by 0.12% to settle at 64,267.36 points. Investor…
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Naira should be stronger than the official rate, a ministerial nominee , Olawale Edun, has said, stating that a weaker currency was…
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Nigerian equities extended losses to open the week as the All-Share Index closed 1.10% weaker to settle at 64,337.52. Sustained selloffs in…
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Wema Bank has grown its half year financials grossing N89.09 billion in earnings. The bank said this in its unaudited results for…
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President Bola Tinubu has appointed a financial watchdog to investigate the central bank of Nigeria CBN, weeks after he suspended its governor,…
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In the last trading session of the week, the domestic bourse extended losses as the All-Share Index declined by 0.65% to close…
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The World Bank Group has caution Nigeria to reduce federal government borrowing by Ways and Means from the Central Bank to reduce…
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Nigerian equities extended losses for the second consecutive session as the All-Share Index closed 0.31% weaker to close at 65,482.91 points. On market movers,…
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Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.46% to close at 65,687.16 points. Selloffs in…
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EconomyFinanceNews
Sub Saharan Africa Mergers and Acquisition transactions totalled $12bn in H1 2023
Refinitiv, London Stock Exchange Group business have said that an estimated $293.4 million worth of investment banking fees were generated in Sub-Saharan…
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The Central Bank of Nigeria (CBN) has instructed banks to remove the post-no-debit restriction placed on the bank accounts of 440 individuals…
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FinanceNews
Multigate Pan-African Financial Service becomes Swift Partner, attain ISO 2000, 22301 27001
Multigate, a licensed Financial Services platform that provides access to a safe and secure treasury and liquidity management system, becomes the first…
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Central Bank of Nigeria has raised its main lending rate by 25 basis points to 18.75%, less than expected, in a decision…