Thursday, April 24, 2014

Union Bank announces Central Bank’s approval of its divestment plans

The bank is going through a transformation process.…... read more

Nigerian stock exchange report Tuesday, 22 October 2013: Cadbury tops losers chart

Cadbury lost about N2.50 and closed at N56.50 down from N59.00. The firm was followed by WAPCO, which lost N0.47,... read more

Nigerian stock exchange report Wednesday, 21 October 2013: Conoil tops gainers chart

Conoil topped gainers chart after Monday’s transaction on the Nigerian stock exchange trading floor, gaining N3.57, at the close of... read more

Lending rates to rise as Nigerian Banks show strain of tougher regulation

New Central Bank policies are affecting the banks negatively.…... read more

First bank wins top award, pledges more tech initiatives

The bank said it was inspired by the technological reach of top global brands…... read more

Nigerian stock exchange report Friday, 04 October 2013: Guinness tops losers chart

Nigerian Breweries topped gainers chart after Monday’s transaction on the Nigerian stock exchange trading floor, gaining N3.60, at the close... read more

Corporate Affairs Commission, CAC, staff embark on strike over pay

The workers shutdown their offices. …... read more

Nigerian stock exchange report Wednesday, 02 October 2013: Nestle tops gainers chart

Nestle topped gainers chart after Wednesday’s transaction on the Nigerian stock exchange trading floor, gaining N8.47, at the close of... read more

World Bank, IFC to mobilise private sector investments in Nigeria’s power sector

The World Bank recently unfolded its Energy Business Plan for Nigeria. The World Bank Group on Tuesday restated its commitment... read more

Nigeria Central Bank bans importation of ‘unapproved’ foreign currency

The Central Bank is taking measures to protect the Naira. The Central Bank of Nigeria (CBN) has banned the importation... read more

Nigerian stock exchange report Monday, 30 September 2013: Guinness tops gainers chart

Guinness topped gainers chart after Monday’s transaction on the Nigerian stock exchange trading floor, gaining N12.70, at the close of... read more

Nigeria is not bankrupt – Jonathan

President Goodluck Jonathan President Goodluck Jonathan in Abuja on Sunday debunked insinuations in certain quarters that Nigeria is insolvent, saying Nigeria... read more

Nigeria’s MPC decisions have dual implications on economy – Finance analysts

Finance analysts highlight implications of MPC’s decision on the nation’s economy. The decisions taken by Nigeria’s Monetary Policy Committee (MPC)... read more

Nigerian stock exchange report Thursday, 19 September 2013

Nigeria’s Stock Exchange’s All Share Index (ASI) stood at 35, 891.90 at the close of the Thursday’s trading. Market Capitalisation... read more

Nigerian stock exchange report Tuesday, 24 September 2013

Nigeria’s Stock Exchange’s All Share Index (ASI) fell to 36, 056.02 from 36,088.64 after Tuesday’s trading. Market Capitalisation also stood... read more

Nigeria’s inflation down to 8.2 per cent in August

New harvest season eases pressure on inflation, food prices. The Composite Price Index (CPI), which measures the average change in... read more

NSE index maintain declining trend, dips 0.65 per cent Monday, 16 September

NSE index maintain declining trend, dips 0.65 per cent on Monday The Nigerian Stock Exchange maintained its declining trend on Monday as All Share... read more

Nigerian stock exchange report Wednesday, 11 September 2013

Nigeria’s Stock Exchange All Share Index (ASI) stood at 36, 259.65 at the close of transactions on Wednesday. The value of... read more

ANALYSIS: NEXIM turns the positive curve, poised for more

“NEXIM bank was set up to support import and export trade within the country. We are happy to say that... read more

Nigeria seeks NEXIMs support on ECOWAS trade

The bank would be accessible to grassroots businesses. The Federal Government on Friday asked the Board of the Nigeria Export-Import... read more

Nigerian stock exchange report Wednesday, 21 August 2013

The Nigerian Stock Market trading ended on Wednesday, with a total of 5, 085 deals (down from     5, 244 deals... read more

Nigerian Stock Market Update: Tuesday 20-08-2013

ETI was the highest gainer in Tuesday’s trading. The Nigerian Stock Market trading ended on Tuesday, with a total of... read more

Half year 2013: Nigerian banks fared poorly in credit growth

United Bank for Africa Many banks have released their 2013 half-year results. Majority of the banks in Nigeria have released... read more

Four Nigerian banks raise N230bn from International Capital Market – DMO

The banks that issued the Eurobonds were Guaranty Trust Bank, Access Bank, Fidelity and First Bank.…... read more

Cashless Policy: Nigeria should emulate Kenya’s success- FDC

Nigeria’s cashless policy faces several challenges including poor network connectivity and debiting customers’ account twice.…... read more