The naira showed strength at the official market, quoting N1,560.75/$, and this development has been attributed to the many reforms of the Central Bank of Nigeria (CBN).At the close of trading at the ...
Investors at the Nigerian Stock Exchange (NGX) finished the mid-week trading session in a red zone, leading to a three-day consecutive bearish run. Market capitalisation was down by N168 billion, as i...
The Nigerian Senate has approved N466,342,656,922.00 as the 2024 Federal Inland Revenue Service (FIRS) budget.The passage of the budget by the Senate followed its adoption and approval of the recommen...
Savannah Energy Plc, a British energy company, yesterday agreed to sign separate Share Purchase Agreements with Sinopec International Petroleum Exploration and Production Corporation and Jagal Venture...
Local stocks yesterday at the Nigerian Stock Exchange (NGX) sustained a bearish end as losses were attributed to investors' profit-taking activities. This led to a decline in prices at MTN Nigeria Com...
On Tuesday, Zenith Bank Plc announced the appointment of Dr. Adaora Umeoji as the new GMD/CEO of Zenith. Before her appointment, Mrs. Adaora Umeoji worked as a banker.The announcement of her appointme...
The Debt Management Office (DMO) has announced that it has successfully raised N588.85 billion from the March 2024 Federal Government (FGN) Bond offer, which opened last week. The return was far more ...
The Board of International Breweries Plc has announced that it will seek approval for a $379.9 million shareholder loan and debt-to-equity conversion, part of a special resolution at the company’s E...
The Central Bank of Nigeria (CBN) has adjusted the Custom duties at the nation's seaports and airports from N1,617.96/$1 to N1,593.41/$1, a 1.5% reduction.Analysts stated that the reduction in Customs...
The Nigerian Stock Exchange (NGX) witnessed a decline of N238.55 billion to begin the new week as investors' profit-taking activities led to the decline of prices of MTN Nigeria Communication Plc and ...