Investors’ Appetite Drops, Mobil, Jaiz, Okomu Top Losers Owing to weak investors’ appetite, the Nigerian equities market depreciated by N52bn, with Mobil Oil Nigeria Plc, Jaiz...
Foreign Private-equity Firm Targets Nigeria, Others EuroMena Funds, a Beirut-based private-equity firm that has raised $350m since 2006, is planning to almost double assets as it...
CBN Sells Another $250m to Prop up Naira Value The central bank of Nigeria on Monday sold another $250 million to reduce market illiquidity and prop...
Minister Inaugurates N500m Data Centre for Stock Exchange The Minister of Science and Technology, Dr. Ogbannaya Onu, on Monday in Lagos inaugurated a N500m Tier 3...
‘Nigeria Can Save $5.6bn Annually Through Digital Transformation’ Nigeria can save up to $5.6bn annually if it digitally transforms and integrates the information and communications systems...
Naira Declines to 370 as Forex Liquidity Drops The surge in foreign exchange demands have started weighing on the Naira value. The Nigerian Naira plunged N3...
Unity Kapital, GTB, AIICO Emerge Top Three Equities Unity Kapital Assurance Plc, Guaranty Trust Bank and AIICO Insurance Plc emerged the top three equities traded on...
CBN, Others Unveil New Homeownership Scheme A new scheme targeted at providing improved access to housing finance to aspiring homeowners has been unveiled by stakeholders in...
Bond Prices Fall on Profit-taking over Fears of Rate Cut The prices of FGN bonds traded on the over-the-counter (OTC) segment fell for most maturities last...
SEC to Strengthen Corporate Governance, Enforcement Securities and Exchange Commission (SEC), the country’s apex capital market regulator, has launched a major amendment to Nigeria’s Code of...
