News

In the nine months leading up to September 2022 (9M'22), the amount of dollars exchanged in the Investors and Exporters (I&E) window of the Nigerian foreign currency (Forex) market increased...

The execution of foreign exchange reforms to regain the confidence of investors in the economy is a prerequisite for Nigeria's pursuit of rapid economic growth and greater foreign exchange inflows....

Living Trust Mortgage Bank Plc has cemented its leadership position in the nation's mortgage finance industry by winning five prestigious awards in a single month, the most by any mortgage...

At the recently finished 10th anniversary of the Marketing Edge brands and advertising excellence awards, which was held in Lagos, Africa's global bank, the United Bank for Africa's Foundation, was...

The thirteen Nigerian banks listed on the Nigeria Exchange earned N501.13 billion in profit after tax in the first six months of 2021, a 13.1% increase over the N443.17 billion...

The combined market capitalization (SWOOTs) increased by 0.14% to N19.53 trillion, up from N19.50 trillion the previous week, representing a N27.42 billion gain. Airtel Africa, BUA Cement, Dangote Cement, Nestle,...

The Central Bank of Nigeria (CBN) raised the benchmark interest rate by 150 basis points (bps) to 15.5% on Tuesday, September 27, 2022, marking the third straight rate increase this...

On Wednesday, September 28, the NASD over-the-counter (OTC) Securities Exchange recorded no gain or loss as weak investor appetite weighed on the market. During the session, the bourse's market capitalisation...

Oil prices rose for a second day on Wednesday, recouping recent losses as the US dollar eased off recent gains and fuel inventory figures fell. Brent crude futures rose $3.05,...

The weakening of the US dollar and the threat of a disruption in crude oil supply in the Gulf of Mexico due to Hurricane Ian pushed prices higher on Tuesday....