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...
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...
