On Monday, it was reported that Dangote Cement's market capitalisation reached N10 trillion, making it the first company to achieve such a milestone on the Nigerian Exchange Limited (NGX).This was att...
Access Holdings Plc, the parent company of Access Bank, recently got approval from the Central Bank of Nigeria (CBN) to establish a consumer lending subsidiary, Oxygen X Finance Company Limited....
The Central Bank of Nigeria (CBN) has announced the disbursement of $500 million to different sectors of the economy to follow up on its recent payment of over $2 billion to clear outstanding debts in...
According to GlaxoSmithKline Nigeria Plc's recently released financial statement for 2023, the company's profit dropped by 33.76% to N510.80 million in 2023 from N771.15 million in the previous financ...
The roar of engines that once echoed through Lagos' bustling streets might soon be silenced. The Lagos State government's renewed push to enforce a ban on commercial motorcycles, popularly known as "O...
According to a recent report from the UK's Department for Business and Trade, it has been announced that the United Kingdom's exports to Nigeria declined by 21.2%, or £357 million, at the close of Q3...
The Central Bank of Nigeria (CBN) announced on Wednesday that it had granted approval-in-principle (AIP) to 14 new International Money Transfer Operators (IMTOs) to triple the amount of foreign curren...
In a strategic move to strengthen its financial sector, China is merging two of its largest state-owned brokerages, Guotai Junan Securities Co. and Haitong Securities Co., to create a financial powerh...
KEY TAKEAWAYS* The S&P 500 added 0.4% on Tuesday, Nov. 19, as investors digested a strong report from a major retailer and awaited more big-name earnings results.* Super Micro Computer shares skyr...
KEY TAKEAWAYS* The S&P 500 could hit 6500 by the end of next year, according to Goldman Sachs and Morgan Stanley, boosted by the U.S. economy's growth and higher corporate earnings.* Goldman Sachs...