CBN Warns Against Abuse of the Naira The Central Bank of Nigeria (CBN) has urged members of the public to desist from ill handling of the...
FG, States, LGs Share N462bn for May as Allocation Improves A total of N462.359 billion was shared by the three tiers of government for the month...
Investors Lose N311bn, NSE Reviews Market Indices The equities segment of the Nigerian Stock Exchange pared some of its recent gains on Wednesday, with investors losing...
Nigeria, Others Face New Era as MSCI Review Looms The stock markets of the world’s developing economies including Nigeria are about to undergo a kind of...
Nipco Launches $16m Offer for Mobil Oil Shares Nipco Plc has launched a N4.84bn offer for the shares it needs to take its stake in Mobil...
Conoil Records N2.8bn Profit, to Pay N2.2bn Dividend Conoil Plc wednesday announced a dividend of N2.15 billion for the year ended December 31, 2016, up from...
CBN Moves to Licence Private Asset Management Companies The Central Bank of Nigeria (CBN) has unveiled to members of the public, a draft document for licencing...
I&E FX Window May Stop Nigeria’s Demotion from MSCI Index The newly introduced Investors’ and Exporters’ (I&E) foreign exchange window targeted at foreign portfolio investors could...
Stock Market Gains N110bn as 28 Stocks Rise The Nigerian Stock Exchange market gained N110 billion in value on Monday as stocks of 28 companies closed...
CBN Injects Another $195m Into Forex Market The Central Bank of Nigeria, CBN, on Monday sold another $195 million to meet customers’ requests in various forex...