The value of the naira was reported to rise significantly on Thursday to close at N1,382.85 against the dollar, from how it previously closed on Wednesday for N1,536.83 after the Central Bank of Niger...
Yesterday, the Nigerian stock market halted its three-day straight bearish run as investors engaged in profit-taking activities. Yesterday's gains were attributed to the gains in BUA Cement Plc and 21...
On Wednesday, the Central Bank of Nigeria (CBN) announced that all previous pending valid foreign exchange backlogs were officially cleared, thereby fulfilling one of the important pledges Mr Olayemi ...
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 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...