Nigeria generated N799.10billion from oil sector in the first quarter of 2022, which is indicative of a 28.3 per cent decline from N1.11 trillion in the fourth quarter of 2021. This was disclosed in the Central Bank’s latest economic and…
Chairman, Heirs Holdings, Mr Tony Elumelu and other Information and Communication Technology (ICT) stakeholders on Wednesday called for the scaling up of Nigeria’s digital infrastructure. Elumelu, represented by Mr Peter Ashade, Group Chief Executive Officer, United Capital Plc, gave the…
Central Bank of Nigeria (CBN), in the month of August has sold a total of N446.15bn in Treasury bill auctions. This was 9.47 per cent higher than the N407.55bn allotted in June. Specifically, for the 91-day tenor, the CBN sold…
By Philemon Adedeji Nigerian Equities Market turned previous day loss to close in the green zone as the key market indicator rose by 193.82 absolute points amid positive market breadth. The NGX All-Share Index inched weight by 0.39 per cent…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), the equities market maintained negative performance as the key market indicator dropped further by 34.06 absolute points while sell pressure persists. The NGX All-Share Index decreased by 0.07 per cent to…
Investors of Seplat Energy Plc recorded a loss of about N70.56 billion from trading in the shares of the company in the last five days following sustained sell pressure witnessed on shares of some blue-chip firms quoted on the Nigerian…
Nigeria’s leading financial institution, Coronation Merchant Bank hosted a cross-section of experts to engage on the role of financial institutions on sustainability at the recently held Coronation Interactive Session themed, “Sustainability and Responsible Financing.” The session was the fifth in…
By Philemon Adedeji Trading activities in the domestic equities market yesterday opened the week with bearish sentiments despite more gainers than losers. As a result, the All Share Index (ASI) depreciated by 5.40 absolute points, representing a dip of 0.01…
Primera Microfinance Bank, a fully licensed and technology-driven finance institution that offers financial solutions to businesses and individuals has extended over N5 Billion in financing to Small and Medium Scale Enterprises so far in 2022. The Bank accomplished this laudible…
Dangote Cement (DangCem) is the most valuable cement company and the second most valuable stock on the Nigerian Exchange (NGX) with a market capitalization of N4.17 trillion, twice the size of BUA Cement Plc and Lafarge Cement Plc combined. The…
