Stock Market Declines by 1.52% Last Week The Nigerian Stock Exchange (NSE) extended bearish trend last week as the lockdowns and the number of confirmed coronavirus...
Debt Servicing: State Governors Spent N3.6bn in January State Governors spent a combined N3.6 billion servicing external debts in the month of January. This amount represents...
Naira Slides to N402/$1 as CBN Suspends FX Sales The foreign exchange rate of the Nigerian Naira to a US dollar declined further on Friday after...
S&P Downgrades Nigeria’s Long Term Rating to Junk Standard & Poor (S&P), one of the world’s top rating agencies, has downgraded Nigeria’s credit rating barely a...
Otedola Joins Dangote, Others in Fight Against COVID-19, Donates N1bn Billionaire Femi Otedola, the former Chairman of Forte Oil and one of the richest people in...
CBN Suspends Sales of Forex to Bureau De Changes The Central Bank of Nigeria (CBN) on Thursday announced it has suspended sales of the forex to...
COVID-19: UBA Provides N5bn Relief Fund Private sector operators have started providing support to the Federal Government as Africa’s largest economy intensified fight against coronavirus pandemic....
COVID-19: Oil Companies Cut Expenditure by 18% Top global oil firms are adjusting their 2020 financial plans to accommodate the ongoing global economic route as coronavirus...
NSE Gains 0.19% on Tuesday Ahead of Temporary Closure The Nigerian Stock Exchange closed slightly in the green on Tuesday as the management of the exchange...
Fidelity Bank Reports N28bn PAT Fidelity Bank Plc on Tuesday announced a N28.425 billion profit after tax for the financial year ended December 31, 2019. In...
