Large-cap Stocks Drag Equities to N189b Loss After a momentary recovery on Tuesday, Nigerian equities suffered a major decline yesterday as foreign portfolio investors led massive...
May & Baker Nigeria to Raise N2.45b New Equity Ca Regulatory document obtained yesterday by The Nation indicated that May & Baker Nigeria Plc plans to...
Low GDP Increases Nigeria’s Risk, Says FSDH The low growth rate of the real Gross Domestic Product (GDP) may stifle credit creation and increase the risk...
MTN Places Caution on Shares Over $10.1b Nigerian Claims MTN Group yesterday advised investors to exercise caution in dealings on its shares as the telecommunication group...
Power Generation Rises Marginally to 2,982Mw The Independent System Operator (SO) of the Transmission Company of Nigeria (TCN) yesterday said power generation rose marginally from 2,670Mega...
ExxonMobil: Blockade Threatens Nigeria’s Oil Production Oil giant ExxonMobil has decried the blockade mounted by its former employees around its facilities in Nigeria. The oil firm...
Naira Gains Against Dollar at Parallel Market The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted on...
CBN Boosts Foreign Exchange Market With $210m The Central Bank of Nigeria says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to...
Unity Bank Sells N400bn Bad Loans to Lure Investors Unity Bank Plc sold N400bn ($1.1bn) of bad loans to clean up its balance sheet as it...
UBA Introduces Leo on WhatsApp United Bank for Africa said it had introduced its chat bank ‘Leo’ on the WhatsApp platform. A statement from the bank...