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…
Finance
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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…
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EconomyFinanceNews
NNPC secures $3bn facility from Afrexim to stabilise FX market as Nigeria’s eurobonds drop
NNPC has said that it has secured a $3 billion crude oil repayment loan from Cairo-based Afrexim Bank that will support the…
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The bears continued to dominate the domestic bourse as the NGX All-Share Index (ASI) extended losses by 0.43% to settle at 64,928.98…
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FinanceNews
Ecobank to promote ease of cross-border business through foreign currency transfer on its mobile, Omnilite Apps
Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease…
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Opening the week, the NGX All-Share Index relapsed by 0.18% to close at 65,210.49 points. Selloffs in Tier-1 banking names ZENITHBANK (-2.57%),…
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Central Bank of Nigeria CBN has said it will name and shamed bank invalid in foreign exchange round tripping. The apex bank…