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...
We Won’t Allow AMCON to Acquire New Debts – Reps The Chairman, House of Representatives Committee on Banking and Currency, Jones Onyereri, has said the House...
FG to Finance 11% of 2017 Budget With Recovered Loot The Federal Government said on Monday it would use a fraction of the looted funds recovered...
Banks Tighten Terms for Credit Cards The second quarter credit condition survey has revealed that lenders tightened their credit scoring criteria for granting credit card loan...
Equities Market Defies Profit Taking, Gains N188bn The Nigerian equities market remained bullish last week on continuing positive investor sentiments, which lifted the market capitalisation by...
RMB Nigeria Unveils N80bn Commercial Paper Rand Merchant Bank Nigeria Limited has received approval from FMDQ OTC Securities Exchange to register its N80bn commercial paper programme...
