Online foreign exchange brokers operating in Nigeria could be required to maintain billions of naira in capital under a new...
Liquidity available across Nigeria’s banking system dropped by N3.86 trillion following fresh Open Market Operations by the Central Bank of...
The World Bank has committed an initial $25 million to Nigeria’s $300 million Distributed Renewable Energy Fund as the country...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Tuesday,...
Omatek Ventures Plc, NASCON Allied Industries Plc and SUNU Assurance Nigeria Plc were among four stocks that appreciated by 10...
Okomu Oil Palm Plc recorded the steepest percentage decline among the stocks reported on the Nigerian Exchange (NGX) on Monday,...
Sovereign Trust Insurance Plc fell 8.64 percent on the Nigerian Exchange (NGX) on Monday, September 21, as investors took profit...
Zenith Bank Plc accounted for more than one-quarter of the total value of equities traded on the Nigerian Exchange (NGX)...
Access Bank Plc has appointed Ifedayo Olaniyi Orimoloye as Executive Director, Risk Management, strengthening the lender’s leadership team as it...
The Group Managing Director/ CEO, United Bank for Africa, Mr. Kennedy Uzoka, has said the banks African subsidiaries contributed 25 per cent of the group’s profit...
The Nigeria LNG Limited says it has contributed more than $26bn to government revenue in the last five years. The Managing Director of the company, Mr....
The Federal Government said it would again set aside the sum of N500bn in the 2017 budget for its social intervention programme. The amount when added...
Oil gained as Saudi Arabia prepared to make a “significant” announcement following discussions with Russia over promoting market stability. Futures gained as much as 4.3 percent...
U.K Services PMI Rebounded in August The U.K Services sector rebounded in August, as the economy continued to differ post-Brexit fallout. The powerhouse services sector, which...
IGI Pays N1.2b Claims in Eight Months Industrial and General Insurance Plc (IGI) has paid N1.2 billion as claims to its policyholders in eight months (January-August),...
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...
At a time Nigerians are groaning under the yoke of recession, members of the National Assembly comprising the Senators and members of House of Representatives have...
Nigeria in a Serious Crisis – UN Report A report released by the United Nations says Nigeria is in a fix. It said the country had...
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...
