The Nigerian equities market extended its downward trend in yesterday’s trading session, declining by N720 billion as investors sustained profit […]
Category: Banking & Finance
Only 5% of Nigerians have above N500,000 in their bank accounts – FG
The Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, have said wealth distribution in the last administration […]
FAAC distributes N1.149trn January allocation to FG, States, LGs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion among the three tiers of government […]
Bears return, domestic equities sheds N67bn
Transactions on the floor of Nigerian Exchange (NGX) Thursday closed in a bearish, declining by N67 billion as a result […]
Domestic equities gain N165bn
Domestic equity market Wednesday rebounded, gaining N165 billion as gains recorded by BuaCement, FBNHoldings, UBA, Juli Pharmaceutical lifted activities in […]
Capital Importation: Citibank leads with $1.03b as Stanbic IBTC nears with $919.3m, says CIR Report
Citibank, Stanbic IBTC and First Bank Plc are top on the list of foreign investment attraction to the country, […]
Equity market sheds N1.82 trn
The nation’s equity market on Monday closed bearish, shedding N1.821 trillion as losses recorded in the shares of MTN Nigeria, […]
Despite CBN’s policies, exchange rate approaches N1,700/$1
Despite various policies implemented by the Central Bank aimed at halting the currency’s devaluation, the exchange rate between the naira […]
Forex: CBN rolls out new guidelines for IOCs
The Central Bank of Nigeria (CBN) has issued fresh guidelines on remittance of proceeds of crude exports by International Oil […]
Equity market gains N329bn
Domestic equity market Thursday sustained bullish trend, appreciating by N329 billion. Market capitalisation of listed equities increased by 0.58 per […]