Markets
Banks to Reap Higher Income from Digital Platforms, Says Agusto & Co
Agusto & Co. has predicted that more bank customers would embrace digital banking platforms which could result in higher electronic...
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FMDQ Admits Commercial Papers of United Capital, Sterling Bank
FMDQ Exchange Limited has admitted the United Capital Plc N1.35 billion Series 1 and N3.97 billion Series 2 commercial paper(CP)...
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Black market forex dealers sourcing dollars externally – ABCON
The president of the Association of Bureau de Change of Nigeria (ABCON), Aminu Gwadabe has disclosed that despite the closure...
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Investors lose N1.8 trillion in two months of COVID-19 in Nigeria
Stock market investors have lost over N1.8trillion in two months after the first case of Coronavirus (COVID-19), was confirmed in...
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US oil falls below $11 per barrel
US oil nosedived below $11 a barrel on Tuesday after a major exchange-traded fund started selling its short-term contracts of...
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Investors lose N1.8 trillion in two months of COVID-19 in Nigeria
Stock market investors have lost over N1.8trillion in two months after the first case of Coronavirus (COVID-19), was confirmed in...
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What N1.4trn CRR deduction by CBN means for banks
The Central Bank of Nigeria (CBN) has deducted a whopping N1.4 trillion from the banking sector’s Cash Reserve Requirement (CRR)...
Read moreDollar sells for N450 in parallel market
The dollar sold for N450 in the parallel market on Friday, showing a shallow and dry reflection of the foreign...
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Transactions on CBN’s I & E Window Hit $171bn
The cumulative transactions on the Investors and Exporters’ (I&E) foreign exchange window of the Central Bank of Nigeria (CBN) have...
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Dwindling economic fortunes, rising COVID-19 cases depress NSE’s index by 1.41%
Despite buying interest in some bluechip, the dwindling economic fortunes triggered by the rising cases of COVID-19 in Nigeria have...
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Foreign Investors’ Dollars Trapped in Nigeria’s Debt Market
Foreign investors have had their money trapped in Nigeria’s debt market as dollar liquidity dries up due to a lack...
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Dangote Cement Raises N150bn as Bond Offer Records Oversubscription
Dangote Cement Plc has raised a total N150 billion in its debut bond issuance in the nation’s capital market. The...
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Subscribers Sustain Strong Appetite at April FGN Bond Auction
Investors again demonstrated a strong appetite for the FGN bond at the April auction, which was conducted on Wednesday, despite...
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COVID-19: Rosabon offers Q2 Treasury Note at 16.5%
Rosabon Financial Services has offered for subscription, its second quarter Treasury Note of up to 16.5 percent as part of...
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Wema Bank Posts 56% Profit Growth in 2019
Wema Bank Plc has released its audited financial results for the year ended December 31, 2019, which showed that its...
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Q1: GTBank Records N113bn Revenue, N50 Profit After Tax
Guaranty Trust Bank (GTBank) Plc wednesday made public its unaudited financial results for the first quarter (Q1) ended March 31,...
Read moreAfter N810bn gain, stock market records marginal loss
Transactions on the floor of the Nigerian Stock Exchange on Monday recorded a marginal loss to commence the weekly trading...
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ABCON urges CBN on special window to boost capital inflow
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised the Central Bank of Nigeria (CBN) to establish...
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Africa Prudential’s profit drops by 10.4% to N341.8m in Q1
Africa Prudential Plc witnessed a contraction in earnings during the first quarter as the share registration company struggled with declining...
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Investors’ wealth soars by 7.19% despite rising COVID-19 cases
Despite one day public holiday declared by the Federal government last week Monday to mark the Easter celebration, in addition...
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Banks recorded N11.44tn online payments in March
Bank customers carried out a total of N11.44tn worth of financial transactions on the Point of Sales and Instant payment...
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FG, oil marketers disagree over petrol pricing regime
Efforts by the Federal Government to tinker with the petrol pricing regime by option for pricing modulation may trigger a...
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Flour Mills redeems N1b pledge
Flour Mills of Nigeria (FMN) Plc announced on Thursday that it has activated its action plan to support the Federal...
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NSE Hosts First Digital Closing Gong Ceremony, Commits to Access to Market
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, yesterday restated the Exchange’s commitment to providing...
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Lockdown: Stock market gains N28bn in two weeks
Shareholders of quoted firms on the floor of the Nigerian Stock Exchange recorded a gain of N28bn during the first...
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