CBN boosts forex supply with $389m
The retail segment of the interbank forex market received a huge boost on Friday as the Central Bank of Nigeria...
NSE maintains upbeat trend, Index up by 0.26%
The All-Share Index of the Nigeria Stock Exchange (NSE) on Friday appreciated by 0.26 per cent. The index grew by 68.83...
Banking stocks dominate transactions on NSE
The banking sector, on Thursday, dominated transactions on the Nigerian Stock Exchange (NSE) with Zenith Bank emerging the most traded...
SEC dissolves Ikeja Hotels board over lingering issues
The Securities and Exchange Commission (SEC) has announced the dissolution of the Board of Ikeja Hotels Plc due to unresolved...
Fidelity Bank shareholders endorse 2016 N4.05bn dividend
Fidelity Bank Plc shareholders on Thursday endorsed the bank’s N4.05 billion dividend for the financial year ended December 31, 2016....
Ecobank to shut branches, cut jobs
Ecobank plans to close branches and cut jobs as the Pan-African lender steps up investments in digital platforms, its chief...
Trading on NSE sustains bullish trend
Activities on the Nigerian Stock Exchange (NSE) on Wednesday maintained an upward trend with the All-Share Index crossing the 26,000...
Naira loses marginally against dollar
The Naira on Tuesday depreciated marginally against the dollar at the parallel market. The Nigerian currency on Tuesday afternoon lost...
Market rallied by 0.81% on improved first quarter earnings
Transactions reopened on Tuesday after the public holiday to mark International Workers Day on positive note, with All-Share Index increasing...
Forex: CBN wields big stick, bars erring banks from SME Wholesale Forex window
Following persistent complaints that some deposit money banks (DMBs) have deliberately frustrated efforts by many small and medium enterprises (SMEs)...
MyStocKIT: Heritage Bank launches MSME app for ease of doing business
In line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank...
MTN sacks 280 workers
MTN Nigeria said it had to disengage 280 staff because it wanted to delve into full Information and Communication Technology...
NLNG exports landmark 4000th cargo
The Nigeria Liquefied Natural Gas (NLNG) Ltd., says the company has reached another major milestone with the exportation of its...
Forex: Dealers pick $85.69m out of $100m offered by CBN
The Central Bank of Nigeria (CBN) disclosed on Friday that authorised dealers were only able to pick $85.69 million out...
NSE market indices appreciate marginally by 0.01%
Activities on the Nigerian Stock Exchange (NSE) closed the week on Friday with a marginal growth of 0.01 per cent...
Nestle price growth lifts trading by 0.52%
Some highly capitalised stocks on Thursday recorded price growth on the Nigerian Stock Exchange (NSE), reversing the negative trend. Nestle...
Naira dips slightly against dollar
The Naira on Thursday depreciated slightly against the dollar at the parallel market. The Nigerian currency lost two points to...
Dangote Sugar Refinery to gulp N106bn investments to improve profitability
Alhaji Aliko Dangote, Chairman, Dangote Sugar Refinery (DSR), on Thursday, said that N106 billion would be invested in the company...
CBN auctions $185.86m in Retail SMIS
Following Tuesday’s assurances by the Governor of the Central Bank of Nigeria, Godwin Emefiele, that the CBN will continue to...
NSE All-Share Index drops by 0.77% on profit taking
Activities on the Nigerian Stock Exchange (NSE) closed negatively on Wednesday, halting the two-day price rally, due to profit taking....
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