Nigeria Records $2.8m Balance of Payment Surplus Nigeria’s provisional balance of payment, which was in deficit in the third quarter of 2018, recorded a surplus of...
FG Released N7.3tn for Recurrent, Capital Expenditure in 2018 – CBN Between January and December last year, the Federal Government spent about N7.36tn on the implementation...
CBN: $42.5b Foreign Reserves Cover 13-month Imports The $42.5 billion foreign reserves as at December last year is enough to guarantee 13-month import cover for the...
Oil Trading Near $67 on Additional Cuts Global oil prices rose on Tuesday as the largest OPEC’s producer Saudia Arabia pledged to cut additional supply in...
NSE Drops N108bn as Bearish Trend Continues The Nigerian Stock Exchange market dipped again on Monday as investors continued to remain on the sideline despite the...
Access Bank Secures $162.5m Loan Facility Access Bank Plc announced it has secured a syndicated loan facility of $162.5 million. In a statement issued by the...
Vitafoam Approves N260.51m Dividend Payment Vitafoam Nigeria Plc has approved a dividend of N260.51 million for the 2018 financial year. The amount approved by shareholders translates...
Nigeria’s Broadband Penetration at 32% Nigeria’s broadband penetration rose slightly in January to 32.34 percent, according to the report released by the Nigerian Communications Commission. The...
Telecoms Subscribers Surged by 11m in Q4 2018 The National Bureau of Statistics (NBS) has revealed that the number of active voice subscribers in the Nigerian...
Investors Withdraw N61.67bn from NSE in January Stock market investors withdrew a total of N61.67 billion from Nigerian Stock Exchange in January, the Nigerian Stock Exchange...