Nigeria's leading tier II bank, Fidelity Bank Plc had entered into a binding agreement to acquire 100% stake in Union Bank UK Plc.
Nigeria's stock market opened the week slightly lower as activity moderated on Monday following a positive close last week.
Nigeria's non oil sector grew by 4.77% in real terms in the second quarter (Q2) of 2022 to bolster the country's economic growth rate by 3.54%...
Stock investors gained N168 billion last week as investors have started scooping underpriced stocks following weeks of bearish trends.
The Nigerian Exchange Limited (NGX) rebounded from its long bearish trend on Wednesday as stock investors jumped on bank stocks after a long sell-off.
Zenith Bank Plc grew gross earnings by 17% from N346 billion reported in H1 2021 to N405 billion in H1 2022
The Nigerian stock market extended its decline on Monday by another N14 billion as market uncertainty amid high interest rate, inflation rate and generally weak economic...
Brent crude oil lost $4.34 from the $97.23 a barrel it traded in the early hours of Monday
The dollar to Naira exchange rate deteriorated with Nigeria's persistent forex scarcity and rising demand for the United States Dollar.
Nigeria's stock market extended its decline last week as more economic data points to growing uncertainty amid slowing productivity.