The Geregu Power Plc Board of Directors has agreed on the proposed dividend of N8 per share for the 2023 financial year.The company announced this in its annual report filed with the Nigerian Exchange...
Investors at the Nigerian Exchange Limited closed January with the highest loss recorded for the year. Market capitalisation lost N1.07 trillion on Wednesday, January 31 2024.This is the third loss th...
FBN Holdings Plc recently appointed Femi Otedola as the new Chairman of its Board of Directors after the retirement of Ahmad Abdullahi.This announcement was shared in a Wednesday corporate notice file...
The Central Bank of Nigeria (CBN) today imposed a limit on how much local banks can hold in foreign currencies. It expressed concern about the increase of forex exposures on its balance sheet followin...
The Central Bank of Nigeria recently announced that it has successfully cleared the backlog of foreign exchange owed by foreign airlines. The apex bank said it has successfully removed all verified cl...
The Debt Management Office recently released the result for the FGN bond auction for January 2024.From the recent results, the Federal Government raised about N418.197 billion from four auctioned bond...
On Monday, the naira fell to N1348.63/$ at the Nigerian Autonomous Foreign Exchange Market. The decline shows a 51.21% drop from how the N891.90/$ traded last Friday at the official market. This data ...
At the end of Monday's trading session, Nigerian Stock Exchange (NGX) investors recorded a gain of N1.24 trillion. Market capitalisation finished at N57.28 trillion, bringing the market gain towards t...
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...
Recent data has revealed that there has been a significant decline in foreign investors who are interested in Nigerian stocks, which has been in for six consecutive years. The data shows the considera...