JPMorgan Chase reported on Thursday that the bank's second-quarter profit fell as it increased reserves for bad loans by $428 million while discontinuing share repurchases. In a statement, he sai...
Yesterday, the Central Bank of Nigeria ordered the new implementation of a 0.5% levy on all electronic transactions as part of its effort to address the high rate of cybercrime in the financial system...
Wells Fargo said on Friday that its second-quarter earnings fell 48% from the same period last year as a result of the bank setting aside money for bad loans and being hurt by decreases in its equ...
When predicting future interest rates, finance theory offers some specific advice. It is a market strategy that is founded on sound theoretical presumptions from the field of economics, such as ef...
Nigerian stocks saw a recovery yesterday after going on five consecutive sessions of losses, with overall capitalization increasing by N41 billion due to investor interest in NASCON Allied Industries ...
On Wednesday, the Nigerian Exchange Limited (NGX) gained N132 billion at the market's close to cover losses incurred in previous markets. Yesterday, Seplat Nigeria recorded a 10% profit, Meyer Plc rec...
The first trading market for the week started with a negative start as it recorded a N259 billion loss following the decline of some medium-cap companies, dragging down market capitalization at the cl...
On Wednesday, the Nigerian stock market finished positively as major stocks like FBN Holdings and 33 others pushed market capitalization to N306 billion. On Tuesday, the Nigerian Exchange Limited reco...
The Nigerian Exchange Limited investors gained 41.47% returns as the All-Share Index finished yesterday at 72,455.83 basis points from 27,915 basis points it opened for trading at the beginning of the...
On Thursday, the Nigerian Stock Exchange Limited (NGX) finished positive with stock appreciation in Okomu Oil Plc and 49 other equities.The NGX All Share Index gained 891.31 basis points, or 1.21%, to...