Markets
Oil price slumps to $63 as vaccine rollout stalls
The international oil benchmark, Brent crude, fell on Thursday for the fifth straight day to its lowest in two weeks...
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Foreign exchange inflow rises to $23.60bn
Aggregate foreign exchange inflow into the country in the fourth quarter of 2020 rose to $23.60bn from $21.46bn in the...
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Nigeria’s Crude Oil Production Declined by 19.6% in Q4
Nigeria’s crude oil production declined by 19.6 per cent to an average of 1.52 million barrels per day (mbpd) in...
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Experts Seek Regulation of Cryptocurrencies in Nigeria
Some economic experts have urged the Central Bank of Nigeria (CBN) to seek measures to regulate cryptocurrency transactions in the...
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Govt’ll consult widely before petrol subsidy removal – NNPC
The Federal Government is going to consult widely before halting subsidy on Premium Motor Spirit, popularly called petrol, the Nigerian...
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FMDQ Admits N53.2bn Bonds of Fidelity Bank, TSL SPV
FMDQ Securities Exchange recently approved the listing of the Fidelity Bank Plc Series 1N41.21billion Fixed Rate Subordinated Unsecured Bond under...
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Agusto & Co. Releases Outlook for Key Industries in Nigeria.
With the advent of the COVID 19 vaccine and an attendant improvement in investor sentiments globally and domestically, most businesses...
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Stakeholders Canvass Policies to Regulate Cryptocurrency
The Nigerian Technology Industry Group has said there should be core policies that would help in regulating cryptocurrency providers in...
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Net value of listed mutual funds hits N1.24tr
The Net Asset Value (NAV) of 56 mutual funds listed on the Nigerian Stock Exchange (NSE) rose from N1.24 trillion...
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Stock investors lose N371bn in one day
Investors on the Nigerian Stock Exchange on Tuesday lost N317bn in a trading session amid sell pressure on bellwethers, the...
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NSE to include women on board of new entities
The Nigerian Stock Exchange has vowed to prioritise the inclusion of women on the board positions of its demutualised entities....
Read moreNSE to include women on board of new entities
The Nigerian Stock Exchange has vowed to prioritise the inclusion of women on the board positions of its demutualised entities....
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Emefiele meets Senate today on alleged missing $9.5m PPT fund
The Governor of Central Bank of Nigeria, Godwin Emefiele, is expected to lead top management staff of the Central Bank...
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The net value of listed mutual funds hits N1.24tr
The Net Asset Value (NAV) of 56 mutual funds listed on the Nigerian Stock Exchange (NSE) rose from N1.24 trillion...
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PenCom recovers N553.03m from defaulting employers
The National Pension Commission has said it recovered N553.03m from defaulting employers who deducted their workers monthly emoluments but failed...
Read moreMarket Declines Further as Investors Ignore Companies’ Results
The stock market declined further last week as investors ignored the corporate results and dividends being declared by companies.The market,...
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Petrol queues abate as more stations resume operations
The queues for petrol in Abuja and neighbouring Nasarawa and Niger reduced on Thursday as more retail outlets dispensed the...
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FMDQ Exchange Registers Fidson Healthcare N10bn Commercial Paper
FMDQ Securities Exchange Limited has approved the registration of Fidson Healthcare Plc’s N10 billion Commercial Paper (CP) Programme on its...
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Dangote Group’s Petroleum Industry Bill Proposal
The news of last weekend’s presentation to the National Assembly’s Joint Committee on the Petroleum Industry Bill, (PIB) by the...
Read moreInvestors lose N120bn as stocks resume decline
The Nigerian stock market, which began the month on a positive note, resumed its decline on Tuesday as 26 firms...
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FirstBank launches account to grow SMEs
First Bank of Nigeria Limited has launched an account designed to benefit Small and Medium-scale Enterprises in order to boost...
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Stock market begins March with N70bn gain
The nation’s stock market started the month on a positive note on the back of price appreciation recorded by UAC...
Read morePension assets soared to N12.3 trillion in December 2020
The National Pension Commission (PenCom) December report has revealed a significant increase in assets under management to N12.3trillion, which represented...
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FBNQuest Raises Target Price of Zenith Bank on Improved Results
Analysts at FBNQuest have raised their target price for Zenith Bank Plc shares to N42.80 per share, following the improved...
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Redefining Digital Assets in Nigeria
On 5th February, 2021, the Central Bank of Nigeria (CBN) sent a memo to banks and other financial institutions to...
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