Investor Negligence Blamed for N10bn Capital Market Scam Some capital market stakeholders have cited negligence and greed on the part of investors in the share scam...
NSE Market Capitalisation Loses N74bn in One Day Activities on the Nigerian Stock Exchange opened for the week on Monday on a downward trend with the...
Reps Summon Emefiele Over Foreign Exchange sale to Oil Marketers The House of Representatives on Monday summoned Central Bank of Nigeria Governor, Mr. Godwin Emefiele, over...
CBN Mops up N391bn Through TB Sales The Central Bank of Nigeria (CBN) sold about N391 billion treasury bills on Friday, lifting the interbank lending rate...
Equities Market Sheds 2% on Negative Investor Sentiment The positive performance recorded by the Nigerian stock market the previous week could not be sustained last week...
Banks Scramble for Fresh Capital as Naira Weakens Further Rising non-performing loans and imminent fall in naira value have put banks in a precarious position and...
Nestlé Nigeria Drops by N19.99 on NSE Major highly capitalised stocks on Friday posted price depreciation forcing the market indicators to close negatively. Nestlé Nigeria recorded...
FG Saves N152.4bn From Oil Products Sales, Opens 128 Bids The Group Managing Director of the Nigeria National Petroleum Corporation, Dr Maikanti Baru, on Thursday said...
CBN to Penalise Banks With Cash Problems The Central Bank of Nigeria has said it will penalise Deposit Money Banks that have liquidity challenges by way...
Forte Records N5.34bn Profit, Neimeth Posts N248.8m Loss Forte Oil Plc reported a profit before tax of N5.34bn for the year ending December 31, 2016. The...