Flour Mills Shareholders Approve N2.03bn Dividend Payout The shareholders of Flour Mills of Nigeria Plc have approved a dividend payout of N1 for every ordinary share...
MPC Seeks 5% Interest Rate on Loans to Farmers A member of the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) Balami Hassan wants interest...
Large-cap Stocks Drag Equities to N189b Loss After a momentary recovery on Tuesday, Nigerian equities suffered a major decline yesterday as foreign portfolio investors led massive...
May & Baker Nigeria to Raise N2.45b New Equity Ca Regulatory document obtained yesterday by The Nation indicated that May & Baker Nigeria Plc plans to...
Naira Gains Against Dollar at Parallel Market The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted on...
CBN Boosts Foreign Exchange Market With $210m The Central Bank of Nigeria says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to...
Unity Bank Sells N400bn Bad Loans to Lure Investors Unity Bank Plc sold N400bn ($1.1bn) of bad loans to clean up its balance sheet as it...
Customs Record Highest Monthly Revenue of N140.4bn The Nigeria Customs Service on Tuesday said it recorded its highest-ever monthly revenue collection of N140.41bn in August. The...
Equities Recover With N35b Gain Nigerian equities snapped a five-day losing streak yesterday as bargain-hunting in the banking and oil and gas sectors rallied the market...
Stock Market Extends Losing Streak to Five Days The nation’s stock market declined for the fifth straight day on Monday as 19 companies recorded price losses...
