Investors Stake N44.39bn on Shares in January and February The stock market recorded a turnover of 12.07 billion shares worth N44.39 billion in the first two...
CBN New Forex Policy Fails to Excite Foreign Investors While the nation’s forex market has seen increased liquidity in recent days on the back of the...
The Historic Listing of $1bn Eurobond on NSE The Federal Government recently achieved remarkable success with the issuance of its first FX-denominated bonds. The bond, issued...
Overnight Interbank Lending Rate Hits 16% The country’s overnight interbank lending rate climbed to 16 per cent on Friday from about 13 per cent at the...
Naira Falls Again, Sells at N465 Per Dollar The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation. The...
CBN Sells N310b Treasury Bills The Central Bank of Nigeria (CBN) has raised N310.14 billion (about $985 million) at an auction of treasury bills at yields...
Nestle Nigeria Profit Drops by 67% The profit for the 2016 financial year of Nestle Nigeria Plc has dropped by 67 per cent. The profit dropped...
Vitafoam Records 110% Rise in Profit Vitafoam Nigeria Plc said it recorded a 110 per cent increase in profit after tax last year despite the challenging...
Digital Currency: ‘CBN not Against Financial Innovations’ The Central Bank of Nigeria says it is not against the use of financial technology as the country steps...
Standard Chartered Group Posts $1.1b Profit in 2016 Standard Chartered Plc (Group), the parent company of Standard Chartered Bank of Nigeria, has posted a profit before...
