Trading reverses trend on NSE
The Nigerian equity market on Tuesday halted previous two trading sessions uptrend with a marginal dip of 0.05 per cent....
CBN retains 14% Monetary Policy Rate, says cut will worsen inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained lending rate at 14 per cent,...
NSE indices record marginal growth of 0.03%
The market indices of the Nigerian Stock Exchange (NSE) on Monday appreciated by marginal growth of 0.03 per cent due to...
Insurgency: UBA to deploy ATM to Maimalari Barracks
The United Bank for Africa (UBA) says it will to deploy Automated Teller Machine (ATM) to the Maimalari Barracks in...
DMO raises N214bn bonds
The Debt Management Office (DMO) on Thursday said it raised N214.95 billion worth of bonds at first auction in the...
Naira defies liquidity boost, depreciates further against dollar
The Naira on Thursday remained indifferent to the sale of over $250 million to licensed Bureau De Change (BDC) operators...
MPC meeting anxiety: NSE market indices drop by 0.17%
Profit taking by investors on the Nigerian Stock Exchange (NSE ) persisted on Thursday for the third consecutive day with...
Trading maintains negative trend, index down by 0.13%
Transactions on the Nigerian Stock Exchange (NSE ) on Wednesday maintained a negative slide with the All-Share Share Index dropping...
CBN commences sale of forex to BDCs
The Central Bank of Nigeria (CBN) started auctioning $250 million to 3147 registered Bureau De Change (BDCs) nationwide on Wednesday....
United Capital Plc, Societe Generale, Orange, others support African SMEs with €77m
United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up...
NSE market capitalisation dips N32bn
Market capitalisation of the Nigerian Stock Exchange (NSE), on Tuesday, shed N32 billion, as trading returned to negative territory. The...
Nigerian equity market records 0.18% growth
The Nigerian equity market on Monday reserved the two-day down trend with a marginal gain of 0.18 per cent, starting...
Naira stabilises at N497/$ as hope of recovery imminent
The Naira on Monday stabilised at N497 to a dollar at the open market just as stakeholders expressed hope in...
Dangote sets up $100m Truck Assembly Plant In Lagos, to provide 3,000 jobs
Determined to tap into the opportunity provided by the scarcity of forex in the country to create jobs, foremost entrepreneur,...
Invasion, stealing: Police arrest ex-fed lawmaker Duru
The Lagos State Police Command has arrested Nze Chidi Duru, a former member of the House of Representatives, for alleged...
Naira plunges further as CBN resumes dollar sales to BDCs next week
The Naira on Friday depreciated further at the parallel market as dollar scarcity worsened. The Naira may be seeing its...
Naira in proximity of speculators’ projection, exchanges at N495/$
The Naira on Thursday depreciated further at the parallel market, ebbing close to the projection of speculators. At the twilight...
Market indices record 0.21% loss
The market indicators of the Nigerian Stock Exchange (NSE) on Thursday closed on a negative territory, dropping by 0.21 per...
DMO to sell N130bn worth of bonds
The Debt Management Office (DMO) says it will raise N130 billion worth of bonds in three categories on January 18....
OccupyCBN protesters are blackmailers, says CBN
The Central Bank of Nigeria (CBN) has exposed a group which called itself Wailing Wailer as paid hirelings, describing them...
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