Bears Return on Weak Investors’ Sentiments The stock market closed lower tuesday, ending two days of positive performance with the Nigerian Stock Exchange (NSE) All-Share Index...
Stocks Appreciate as UACN Property, Oando Lead Gainers The Nigerian equities market closed on a positive note on Monday as UACN Property Development Company Plc, Cutix...
Bond Issuance Slumps to Six-year Low Sovereign bond issuance by African nations including Nigeria plunged to its lowest level since 2010 as buyers pushed up yields...
States Back FG on Probe of Bailout Spending The decision of the Federal Government to audit the utilisation of the N510bn stimulus package that was disbursed...
SEC Institutes N5bn Investors Protection Fund The Securities and Exchange Commission (SEC) says it has instituted a N5 billion Investors Protection Fund to compensate investors as...
CBN Donates N999m Building to CRUTECH The Central Bank of Nigeria (CBN) has donated a two-storey administrative block of N999 million to the Cross River University...
Interbank Rate Rises on Cash Outflow The Nigerian Interbank Offered Rates (NIBOR) closed at an average of 11.5 per cent on Friday, up from the seven...
Naira to Remain Below 500/dollar This Week —Experts Currency retailers and experts have said the naira will trade slightly below 500 per United States dollar this...
FAAC Allocates N400bn to FG, States, LGs The Federation Account Allocation Committee on Friday allocated the sum of N400bn to the three tiers of government as...
DMO Sells N215bn Bonds at Yields Below Inflation Nigeria has raised N214.95 billion in local currency bonds at its first auction this year, with the debts...