Owing to appreciation in the share prices of 23 firms, the Nigerian Stock Exchange market capitalisation rose by N17bn at the close of trading on the...
The presidency on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession. “Low cost, long-term loans (1.25%...
Nigerian Stock Market Loses N70bn in a Day The Nigerian Stock Exchange declined by N70bn on Tuesday as stocks of 29 companies closed in the red,...
Banking stocks suffered the most among 25 top losers in the equities’ market as share price decline left investors with a net capital loss of N372...
The Federal Mortgage Bank of Nigeria said it made a total income of N5.8bn in the first half of 2016. It also stated that it recorded...
The Central Bank of Nigeria borrowed N212.85bn ($654.92m) in an auction of Treasury bills on Wednesday, with yields little changed from previous sales, data from the...
The Nigerian Stock Exchange’s market capitalisation recorded a growth of N282bn at the close of trading on Thursday, one day into the country’s economic recession. A...
FG Approves Three-year External Borrowing Plan The federal government has approved a three-year rolling external borrowing plan. Briefing State House Correspondents after the Federal Executive Council...
The naira plunged to 418 against the dollar at the parallel market on Tuesday as scarcity of foreign exchange continued to weigh on the official interbank...
The Nigerian foreign exchange reserves increased by $595 million to $26.20 billion, according to the latest data from the Central Bank of Nigeria. This is its...
