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...
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...
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 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...
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 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 Ali Smart … As debtor states prepare to cash in their bailout funds from the Central Bank of Nigeria (CBN) in a few weeks time,...
The average year-to-date return at the Nigerian equities market worsened to -11.11 per cent yesterday as corporate earnings reports failed to halt a grueling downtrend that...
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...
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....
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...
In from Success Allantee… Investors staked about N16 billion on quoted equities yesterday as the equities market reopened with sustained price rally. As bargain-hunters continued to...
As the recurrent scarcity of petrol products persists in some parts of the country, the Nigerian National Petroleum Corporation (NNPC) on one side, and major marketers...
In from Success Allantee… Ecobank Transnational Incorporated (ETI) Plc, the pan-African financial services holding parent company of the Ecobank brand, has raised about N19.3 billion in...
In from Success Allantee… Zenith Bank Plc, Nigeria’s second most capitalised banking stock and fifth most capitalised company, came under intense selling pressure last week as...
in from Success Allantee… Nigerian equities rallied back from a long-drawn consecutive decline as bargain-hunters sought to take positions in undervalued stocks. The Nigerian stock market...
In from Success Allantee… United Capital Plc, a Nigerian investment banking group quoted on the Nigerian Stock Exchange (NSE), and Lion’s Head, have been appointed as...
Despite a three-day straight slide in the exchange rate of the Naira against the US Dollar, the Central Bank of Nigeria (CBN) has said that there...
By Success Allantee… It was four to one, the game between the downside and upside at the Nigerian Stock Exchange (NSE) again today (Wednesday) ended in...
In from Success Allantee… The return outlook for Nigerian equities worsened yesterday (Tuesday) as the downtrend at the Nigerian Stock Exchange (NSE) entered the 10th consecutive...
In from Success Allantee… The Nigerian equities market opened this week with a loss of N33 billion or 0.32 per cent, extending the losing streak that...
In from Success Allantee… As the Nigerian stock market opens today, the Nigerian Stock Exchange (NSE) will shut the regular secondary market against shareholders of three...
Unable to source refined petroleum products from the Nigerian National Petroleum Corporation, marketers of the product in the country have resorted to neighbouring countries such as...
The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over the decision of the Central Bank of Nigeria (CBN) to stop foreign exchange sale...
In from Success Allantee… The downtrend at the Nigerian stock market appeared to be easing off as the margin between advancers and decliners narrowed amidst expectations...
In from Success Allantee Average year-to-date return at the Nigerian stock market worsened further Thursday as quoted equities extended their negative trading to seventh consecutive trading...
Stanbic IBTC Holdings Plc, the Nigerian subsidiary of South Africa’s Standard Bank Group, on Thursday reported a 52 per cent decline in pre-tax profit in the...
In from Success Allantee… The New York Stock Exchange (NYSE) suspended trading in all securities on its platform for more than three hours Wednesday over what...
In from Success Allantee… The downtrend at the Nigerian stock market worsened Wednesday as widespread selling sentiments wiped away N119 billion, extending the depreciation to the...
In from Allantee Success… Nigerian equities remained under intense selling pressure today (Tuesday) as investors flooded the tight market with more market orders, leaving hard-pressed investors...
A total of N700 billion transactions was been recorded through the mobile money banking system from 2012 till date, the Central Bank of Nigeria (CBN) has...
