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Category: Banking & Finance

Local equities gain N902bn

Banking & Finance February 1, 2024 AbdulJelil Adabara 0 Comments

The local equity market on Thursday rebounded, gaining N902 billion as gains recorded in the shares of Dangote Sugar, GTCO, […]

FX backlog: CBN concludes payment of all verified claims by airlines

Banking & Finance January 30, 2024January 31, 2024 Bilal Mohammed 0 Comments

The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in […]

CBN injects fresh $500m to clear FX backlog

Banking & Finance January 30, 2024 Francis Adinoyi-Kadiri 1 Comment

In its determination to address the backlog of verified foreign exchange transactions, the Central Bank of Nigeria (CBN) has released […]

NGX to review tech use, listing rules  

Banking & Finance January 28, 2024 Francis Adinoyi-Kadiri 0 Comments

The Group Managing Director, Nigerian Exchange Group (NGX) Plc Temi Popoola, has listed various plans by the exchange group to revamp […]

Stock market raised N3.85trn capital for business in 2023 – NGX CEO

Banking & Finance January 27, 2024 Francis Adinoyi-Kadiri 0 Comments

Acting Chief Executive Officer of Nigerian Exchange Ltd. (NGX), Mr Jude Chiemeka says the stock market facilitated the raising of […]

Local equities gain N317bn

Banking & Finance January 25, 2024 Francis Adinoyi-Kadiri 0 Comments

Nigeria’s local equity market edged higher on Thursday gaining N317 billion.   Market capitalisation of listed equities increased by 0.57 […]

Petrol price to fall – CBN

Banking & Finance January 25, 2024 Francis Adinoyi-Kadiri 0 Comments

The pump prices of Premium Motor Spirit (PMS) petrol will moderate this year as government and private-owned refineries begin operation, […]

Equity market on positive vibe, gains N1.616trn

Banking & Finance January 25, 2024 Francis Adinoyi-Kadiri 0 Comments

    The local equity market Wednesday maintained a positive position as the benchmark index surged by 2.99 per cent […]

Trading in stock market rises to N1.6trn

Banking & Finance January 23, 2024 Francis Adinoyi-Kadiri 0 Comments

The local equity market Tuesday maintained its bullish momentum to close the trading for day in the green region.   The […]

FAAN, CBN Relocation: Operational or ethnic cleansing?

Banking & Finance January 23, 2024 Francis Adinoyi-Kadiri 0 Comments

The Federal Government few days ago ordered the relocation of the Federal Aviation Authority of Nigeria (FAAN) headquarters from Abuja […]

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