Vitafoam Nets N190m Profit, Secures N2bn Loan In a bid to boost its working capital, Vitafoam Nigeria Plc has secured a four-year N2bn soft loan from...
NSE Suspends Trading in 7-UP Shares The Nigerian Stock Exchange on Friday suspended the shares of Seven-Up Bottling Company Plc following a takeover bid from majority...
FMN to Begin N39.86bn Share Sale on Monday Flour Mills of Nigeria Plc plans to start marketing a share sale to existing investors aimed at raising...
Federation Account Gets N2.63tn Non-oil Revenue in 12 Months Gross inflows into the Federation Account have amounted to N6.14tn in 12 months, data obtained by FBNQuest...
Wike Proposes N510bn Budget for 2018 Rivers State Governor, Nyesom Wike, has presented the 2018 Appropriation Bill of N510 billion to the state House of Assembly...
UBA Introduces Chat Banking on Social Media Platforms The United Bank for Africa (UBA) Plc has taken steps to change the face of e-banking with the...
Equities Market Capitalisation Hits Record N15trn on Continuing Rally The Nigerian equities market has continued to record an unprecedented rally since the beginning of the week,...
S’African Rand Slumps to Two-week Low South Africa’s rand weakened as much as 1.7 per cent on Wednesday to its worst performance in nearly three weeks...
Average Bond Yield Slides by 0.12% Owing to buying pressure, the average bond yield declined by 0.12 per cent, to settle at 13.48 per cent at...
Stocks Gain N517bn in One Day, 60 Firms Soar The Nigerian stock market appreciated by N517bn on Wednesday as the Nigerian Stock Exchange All- Share Index...