Julius Berger Posts 142.4% Profit For 2018 Julius Berger Nigeria Plc more than doubled its profit in 2018, according to the report released during the company’s...
Lafarge Africa Rises to Three Week High The stock price of Lafarge Africa rose to a three-week high on Thursday after the company announced plans to...
CBN Forex Intervention Hits $42.3bn in One Year Between April 2018 and March this year, the Central Bank of Nigeria injected over $42.3bn into the foreign...
Nigeria Saves N273bn in Two Years Through Integrated Payroll System Efforts to curb leakages and ensure transparency across all government parastatals have started yielding results following...
Derivatives’ll Enhance Capital Market Liquidity ― SEC The acting Director-General, Securities and Exchange Commission, Ms Mary Uduk, has identified derivatives as one of the investable products...
CBN, Others Urged to Reposition Power The Central Bank of Nigeria (CBN), Deposit Monetary Banks (DMBs) and other financial institutions should collaborate with a view to...
Insurers Need $725m to Meet Recap Order Insurance companies will need $725 million (about N261.5 billion) to meet the new capital requirement of the National Insurance...
‘Cost-reflective Tariff Coming’ A Cost-reflective tariff is coming in the power sector as the new metering scheme, introduced by the Federal Government, gets underway, the Nigerian...
Bearish Trend continues, Nigerian Stock Closes in Red The Nigerian Stock Exchange market closed in the red on Wednesday amid bearish sentiment. The All-Share Index declined...
Dutch Firm to Acquire 14.1% Stake in Ecobank Arise B.V, a Dutch investment firm, is in the process of acquiring 14.1 percent stake own by the...