The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in […]
Category: Banking & Finance
CBN injects fresh $500m to clear FX backlog
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
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
Acting Chief Executive Officer of Nigerian Exchange Ltd. (NGX), Mr Jude Chiemeka says the stock market facilitated the raising of […]
Local equities gain N317bn
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
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
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
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?
The Federal Government few days ago ordered the relocation of the Federal Aviation Authority of Nigeria (FAAN) headquarters from Abuja […]
Zenith Bank in driving seat as NGX Banking index shows remarkable growth
Zenith Bank leads other banks on the NGX as Nigeria banks emerged most formidable profit generators, propelled by a substantial […]

