Flour Mills’ Profit Drops by 61% The profit of Flour Mills Nigeria Plc dropped by over 61 per cent for the nine-month ending December 31, 2016....
Comply With Stamp Duty Ruling, NECA Tells CBN The Nigeria Employers’ Consultative Association has expressed concern over the failure of the Central Bank of Nigeria to...
Cost of Funds Ease on Liquidity Injection The Nigerian Interbank Offered Rate (NIBOR) dropped 6.5 percentage points to five percent on average last Friday as the...
Stock Market Rebounds on Dividend Expectations The Nigerian equities market returned to positive territory last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose...
‘We Need Policy Re-Alignment to Support Our External Reserve’ As part of measure to improve Nigeria’s external reserves, a financial expert has advocated the need for...
CBN Queries Banks for Supplying Inaccurate Forex Data The Central Bank of Nigeria on Sunday said it had issued queries to some Deposit Money Banks that...
FG, states, LGs Record N1.1tn Shortfall in Allocation The three tiers of government received a total of N4.95tn instead of N6.1tn projected to be distributed to...
NSE Moves 237.79m Shares Worth N2.19bn The Nigerian Stock Exchange on Friday moved a total of 237.79 million shares valued at N2.19bn transacted in 2,725 deals...
Banking Stocks Drive N17bn Gain on Equities Financial services (banking) stock, on Thursday, led the Nigerian Stock Exchange into a N17bn gain at the close of...
We Won’t Change Forex Policy, Says CBN The Central Bank of Nigeria on Thursday stated that no amount of criticism and blackmail from “self-centred individuals” would...