In from Success Allantee … The Securities and Exchange Commission (SEC) Nigeria’s capital market regulator, is closing four of its seven zonal offices and cutting down...
Flour Mills of Nigeria Plc plans to offer 1.09 billion ordinary shares of 50 kobo each to existing shareholders at N27.50 per share, according to a...
In from Success Allantee … The latest losing streak at the Nigerian stock market entered its fourth consecutive day as increased shares supply and recourse to...
By Ali Smart The burgeoning trade in second hand items in Nigeria is worth $1.97billion at the moment, if the report of MOBOfree, an African social...
Amid strong speculations that President Buhari would keep the Petroleum portfolio to himself, the new helmsman at the Nigeria National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu,...
The Central Bank of Nigeria (CBN) has disagreed with the new policy on cash withdrawals by some banks on their Automatic Teller Machines (ATMs), which imposed...
In from Success Allantee … Nigerian equities suffered a third day of consecutive decline yesterday as more investors piled up sales orders, forcing the overall market...
In from Ali Smart … The Registrar-General of the Corporate Affairs Commission (CAC), Alhaji Bello Mahmud has called on the Chartered Institute of Taxation of Nigeria...
Bank in the country have moved to cut down on the amount of cash customers are entitled to withdraw from Automatic Teller Machines (ATMs) and foreign...
About 70 stockbroking firms risk being deregistered by the Securities and Exchange Commission (SEC) if they are unable to meet the regulators deadline for recapitalization by...
In from Success Allantee … Nigerian quoted equities came under intense selling pressure Monday as the stock market opened with significant slowdown in demand. Turnover volume...
In from Success Allantee … There is material uncertainty that casts doubts on the ability of Multiverse Plc to continue as a going concern, the auditors...
Warren Buffett knows a thing or three about becoming wealthy and successful, and the Oracle of Omaha is not averse to handing out mostly excellent advice...
In from Ali Smart … Managing Director of the Nigeria Deposit Insurance Corporation (NDIC) Alhaji Umar Ibrahim has raised concern over poor public perception of the...
Commercial banks in the country may soon run into troubled waters as President Muhammadu Buhari has ordered all ministries, agencies and departments of government to stop...
In from Success Allantee … Nigerian equities gained more than a double of the best return in the global stock market last week as strong four-day...
In from Ali Smart … The proposal by the Nigeria Liquefied Natural Gas (NLNG), in Bonny Rivers State to relocate a multi-million dollar dry dock project...
After four days of sustained consecutive gains, the Nigerian equities market suffered a relapse on Friday as investors turned round to readjust portfolios and monetize built-up...
Central Bank of Nigeria (CBN) governor, Godwin Emefiele on Friday raised hopes for the revival of the nation’s textile industry when he disclosed, that the apex...
After the naming and shaming of chronic debtors done by some Money Deposit Banks in the country within the week, they have gone step further in...
With the decline in government revenue due to falling crude oil prices, the Federal Inland Revenue Service (FIRS) says that government plans to increase the percentage...
In from Success Allantee … Turnover at the Nigerian Stock Exchange (NSE) rose considerably yesterday as bargain-hunters and profit-takers scrambled for deals in the fourth day...
In from Success Allantee … The upswing at the Nigerian stock market yesterday gathered momentum as increased demand and obvious scramble for quoted equities pushed the...
In from Success Allantee … The Investors’ Protection Fund (IPF) of the Nigerian Stock Exchange (NSE) has concluded arrangements to pay a total of N42.23 million...
In from Olumide Olaoluwa … Senator Hope Uzodimma and former Minister of Finance and Transport, Dr Kalu Idika Kalu, have faulted their inclusion in the list...
In from Success Allantee …. Nigerian equities sustained the upbeat that started this month as increased demand further nudged the modest rally at the Nigerian Stock...
About 1, 317,700 Nigerians lost their jobs within the second quarter (Q2) of 2015, indicating, that the country’s labour market has taken a major hit within...
Nigerian equities broke eight-day recession to start the new month on a positive note but the market situation remained cautious and undecided. After a 9.79 per...
An average investor in the Nigerian stock market has lost about 13 per cent of his portfolio so far this year as a largely negative market...
The Federal Account Allocation Committee (FAAC) is seeking a speedy review of laws, fiscal regime, licenses and price regime of petroleum products in the country. The...
In from Ali Smart … The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised the alarm over N2billion fuel trapped in the Capital Oil tank...
In from Ali Smart … Securities and Exchange Commission (SEC) has postponed its hearing on the complaints leveled against BGL Plc by more than 30 investors,...
In from Success Allantee … The average year-to-date return at the Nigerian stock market was further depressed to -12.18 per cent yesterday, implying that an average...
In from Ali Smart … The Central Bank of Nigeria (CBN) has said that businessmen from Ghana and other African countries are invading the Nigerian foreign...
In from Success Allantee Quoted equities continued to trade in the negative yesterday at the Nigerian Stock Exchange (NSE) in spite of a torrent of corporate...
In from Success Allantee … A new vista opened for the integration of the capital markets in the West Africa with the successful take off of...
In from Success Allantee … United Kingdom and Nigeria have launched a joint investment and development initiative aimed at boosting investment and capital flows between the...
In from Ali Smart … The federal government has vowed to go after importers who enjoyed waivers to import rice but went ahead to exceed the...
In from Ali Smart … The Central Bank of Nigeria (CBN) has appealed to President Muhammadu Buhari to quickly sign three recently passed bills concerning Financial...
In from Success Allantee … The downtrend at the Nigerian stock market persisted yesterday as widespread decline in share prices shaved off about N66 billion from...
in from Ali Smart … As debtor states prepare to cash in their bailout funds from the Central Bank of Nigeria (CBN) in a few weeks time,...
Diamond Bank Plc ended the first half of this year with a weak bottom-line as the commercial bank struggled with marginal growth in revenue. The weak...
Foreign investors, who dominated the Nigerian capital market, struck deals worth about N589 billion during the first half of this year, according to the latest report...
The Nigerian Stock Exchange (NSE) in partnership with the an expert on United Kingdom Emerging Capital Markets, are to introduce a report that will make recommendations...
By Michael Oluwagbemi … Nigeria has been going through some sort of fiscal-monetary policy mumbo jumbo in the past few weeks if not months. In the...
Union Bank of Nigeria (UBN) Plc, recorded a pre-tax profit in the first half of this year as the group’s core banking operations helped to cushion...
In from Ali Smart … The Central Bank of Nigeria (CBN) is likely to announce a new exchange rate and other fiscal policy regime at the...
In from Success Allantee … Most highly capitalised stocks fell yesterday at the Nigerian Stock Exchange (NSE) as widespread selling sentiments continued to haunt quoted equities....
The Central Bank of Nigeria (CBN) says it has set aside about N252bn as credit to support Small and Medium-scale Enterprises (SMEs) owned by women, to...
Nigeria over the years has become a net importer of food, and major importer of wheat, rice, fish and sugar, spending over N1 trillion of foreign...
