Yesterday, investors at the Nigerian Stock Exchange closed in a red zone as stocks lost N773 Billion following investors' role in sell-offs. On Monday, the NGX lost N50.64 Billion after market analyst...
In the recent happenings in stabilising the Naira, the Central Bank of Nigeria has reportedly sold over $300 million to Deposit Money Banks in the last two weeks as ongoing measures to strengthen the ...
The Federal High Court in Lagos has stopped telecommunication operators from disconnecting sims not linked with their National Identification Number (NIN) by their subscribers. Justice Ambrose Lewis-A...
Despite different macroeconomic challenges, BUA Foods Plc reported an impressive increase in its revenue, which grew the company's profit and positively impacted shareholders' returns. However, the co...
The Central Bank of Nigeria (CBN) has announced its move to peg the payment of cash dollar purchases to a customer at $500, stating that the foreign currency that exceeds this amount will be made thro...
The Nigerian economy has been reported to have slid below various projections to appear on a landscape highlighting negative growth despite different aggressive fiscal and monetary intervention reform...
At the close of Thursday's trading session, Nigerian Exchange Limited (NGX) investors finished on a loss following sell-offs in the banking, insurance, and consumer goods sectors, pushing market capit...
The Federal Government reported raising N1.5 trillion through bonds at its February auction instead of its earlier target of N2.5 trillion.The Debt Management Office released this on Tuesday, stating ...
The naira has been continually gaining little by little against the dollar at the official market. On Wednesday, the naira finished more robustly at the Nigerian Autonomous Foreign Exchange Market (NA...
Yesterday, the Nigerian Exchange Limited (NGX) stock market recovered from prior days' losses as investors renewed interest in United Bank for Africa Plc (UBA), BUA Cement Plc, and nine others, pushin...