NCC unveils 8-point operational agenda
New consumer-focused agenda is aimed at sustainable service delivery.
Nigerian Bourse: Local Investors’ reposition investments
Investors’ appetite for the Conglomerates Industry accounted for 97.545 million shares.
Naira in free-fall, sells N280 to $1 at parallel market
CBN reduces the forex offering to BDCs from $150,000 to $10,000.
Damning audit report questions John Holt’s capacity to remain in business
John Holt’s current liabilities far outstrip current assets.
NSE: Investors’ cumulative gain dips by 5.6% in first week of 2016
The market capitalization also dipped by N555 billion to close at N9.296 trillion.
NSE investors’ fund gets new board chair after Onosode’s death
Mr. Anga was a member of the Presidential Policy Advisory Committee.
288 workers lose job nationwide as firms fail SEC recapitalisation deadline
SEC disqualifies 24 CMOs for non-compliance.
Forex Crisis: Nigerian Banks pay customers only lower denominations of dollar, pound
Naira traded at N265 to one dollar at the parallel market.
Nigerian Capital Market in 2015: Dashed expectations, aspirations In wealth creation
Officials say the market only reacted to local and global economic and financial challenges facing the country.
Nigerian Stock Exchange: Transactions remain up-beat as market closes for 2015
In the same vein, 75,750 units of Federal Government Bonds, valued at N128.722 million were traded in the period under...
SEC, NSE approve investors’ direct cash settlement for securities
The new system takes off January 4, 2016.
Manufacturers want FOREX allocation to bureau de-change operators abolished
MAN says the manufacturing sector should rather be given forex allocations.
Financial reporting council to unveil corporate governance code for private sector
The council is working to produce a national corporate governance code.
Naira stronger at parallel market, appreciates by N2
All-share index, ASI, appreciated by 0.72 per cent
Int’l Finance Corp deepens Nigeria’s microfinance liquidity with N2billion
This is the largest IFC investment in microfinance in Sub-Saharan Africa.
Lagos revenue agency to shut more tax-evading companies in 2016
Last week Lagos shut seven companies for their failure to remit N41.50 million.
Guinness acquires distribution rights of Diageo spirits in Nigeria
The deal is worth N2.35 billion.
MTEF: Nigeria’s roadmap towards budgeting for ‘Change’
In 2015, government used 2.28 million barrels per day as the benchmark for the budget.
Investors increase interests in shares of financial services industry
Seplat gained N10.30 to close at N217.35 per share.
Oando Plc to raise N80bn from existing shareholders
The company posted a loss of N48 billion in the first nine months of 2015.
Naira goes weaker against dollar at parallel market
Foreign exchange official rate at CBN is still pegged at N198 to the dollar.
Scramble for shares pushes NSE market indicators higher
Investors’ appetite remain high despite little gains this year.
How Nigeria committed “N106 billion error” in MTN fine letter
The Nigerian Communications Commission admitted a “typographical error” in its first letter to MTN.
Nigerian government pledges to address concerns of retail stock market investors
The government also appealed to financial journalists against 'negative reporting'.
Nigeria Stock Exchange: Return on Equity Investment slips further
Unilever led the price gainers with N3.52 to close at N9.68 per share.
