Nigerian Bonds Gain After Buhari Wins Presidential Election Nigeria’s dollar-denominated bonds rallied on Wednesday following the declaration of President Buhari as the winner of the just...
Dangote Cement Grows Profit After Tax by 91.1% in 2018 Dangote Cement announced total revenue of N901,213 billion for the 2018 financial year. This, was 11.9...
Nigerian Stock Exchange Loses N85bn on Tuesday After gaining N69 billion on Monday, the Nigerian Stock Exchange (NSE) dropped N85 billion on Tuesday as investors won’t...
Cheque Transactions Decline as Electronic Payments Surge The size of cheques cleared in the Nigerian banking sector declined as more bank customers adopt electronic payments for...
Nigeria’s Stocks Gain N69b Ahead of Poll Results Stocks listed on the Nigerian Stock Exchange closed in the green on Monday as Nigerians await poll results....
N464bn Treasury, OMO Bills to Mature this Week Treasury Bills and Open Market Operations bills worth N464bn will mature this week. The Central Bank of Nigeria...
Forex Intervention: CBN Spends $39bn in 2018 The Central Bank of Nigeria spent a total of $39.9 billion on foreign exchange intervention between January and December...
BVN: Banks Linked 36.8 Million Accounts Banks across the country have linked 36.8 million bank accounts to the Bank Verification Number as of February 17, 2019,...
Banks: Capital Adequacy Ratio Improves to 15.26% The Central Bank of Nigeria (CBN) has disclosed that the Capital Adequacy Ratio (CAR) of commercial banks in Nigeria...
VAT Rises 17.28% to N298bn in Q4 2018 The National Bureau of Statistics has revealed that Nigeria generated N298.01 billion as Value Added Tax (VAT) in...