FMDQ: Investors staked N67.37trn in six months
FMDQ OTC Securities Exchange recorded a turnover of N67.37 trillion in fixed income and currency markets between January and June....
Forex: CBN opens week with $195m intervention
The Central Bank of Nigeria (CBN), on Monday, offered $100 million in wholesale auction at the inter-bank Foreign Exchange...
NSE market capitalisation sheds N352bn
Transactions on the Nigerian Stock Exchange (NSE) closed for the month on Monday on a downward posture, with the market capitalisation...
Dangote Cement’s half year results indicate 12.6 % sales volume increase across Africa
Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017,...
British Airways returns B747 to Lagos-London route Sep 1, spends £400m on Club World
From September 1, 2017, British Airways will return the iconic Boeing 747 on its lucrative Lagos-London route. The airplane type,...
CBN boosts Forex market with $462m as naira appreciates against major currencies
The Central Bank of Nigeria (CBN) on Friday injected $462,336,426.74 million into the Foreign Exchange (Forex) market The bank had...
Market capitalisation loses N131bn as NSE indices nosedive by 1.02%
Market indices of the Nigerian Stock Exchange (NSE), on Friday, dropped by 1.02 per cent due to profit taking, halting...
Naira loses 0.5 points against dollar
The Naira, on Thursday, sustained its gains against the dollar at the parallel market. The Nigerian currency lost 0.50 to...
Petroleum marketers urge FG to settle $2bn outstanding subsidy claims
The Depot and Petroleum Products Marketers Association (DAPPMA) has urged the Federal Government to pay the outstanding debts of $2 billion...
NSE increases by 4.88% to hit 36,000 mark, amid bullish run
Activities on the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday sustained bullish run with the All-Share rising...
91m Nigerians use internet, says NCC
The number of internet users in Nigeria’s telecommunications networks has increased to 91.6 million in June, the Nigerian Communications Commission...
FG, states, LGs share N652b in July
The Federal Government, states and local governments shared N652 billion in July, the Accountant-General of the Federation, Mr Ahmed Idris,...
MPC: Forex rate crashes as Naira sells at N363/$
Few hours after the the Central Bank of Nigeria (CBN) announced the outcome of its Monetary Policy Committee (MPC) meeting,...
Africa Prudential bags ‘Best Registrar in West Africa’ Award, unveils new corporate identity
Africa Prudential Registrars Plc has been named the Best Registrar Firm in West Africa by Africa-Canada Trade Alliance at...
Earnings expectation: NSE market capitalisation crosses N12trn mark
Transactions remained upbeat on the Nigerian Stock Exchange (NSE) on Tuesday with the market capitalisation crossing to N12 trillion mark...
MPC retains interest rate at 14 per cent
The Monetary Policy Committee (MPC) has, again, retained the Monetary Policy Rate (MPR) at 14 per cent due to uncertainties...
CBN injects $195m into Forex market ahead MPC decisions
Ahead of the decisions of the Monetary Policy Committee (MPC) on Tuesday, the Central Bank of Nigeria (CBN) on Monday...
NCC Report: Nigerians embrace 9mobile, port in droves to network
The Nigerian Communications Commission’s (NCC) monthly porting report released through the regulator’s website on Thursday revealed that subscribers from other...
NSE turnover appreciates by 97% in bullish trading
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday appreciated by 97.56 per cent as investors...
Etisalat Nigeria launches 9mobile as brand identity
Nigeria’s most innovative telecommunications company, formerly known as Etisalat Nigeria, has launched its new brand identity – 9mobile, with...
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