Equity market gains N1.566trn
The positive outing on the Nigerian Exchange was sustained Tuesday as the equity market appreciated by N1.566 trillion. Market capitalisation...
Banking & Finance
Official, parallel market exchange rates widen
The naira’s exchange rate in the black market has been drifting far away from the official market level despite the...
Equity market crosses 80 million mark
Domestic equity market opened the week in a positive trend, crossing 80 million mark with gain recorded by Conoil, GTCO...
FG Targets Eight-Hour Power Supply To More MSMEs In 2024
The Federal Government is targeting an eight-hour power supply to more Micro, Small, and Medium Enterprises (MSMEs) across the country...
FG borrows $1.71bn to boost forex in 2023
Nigeria got $1.71 billion in foreign loans to boost foreign exchange inflow into the country in the first nine months...
UBA, Sterling Bank lead as NGX banking index recorded 114.9% growth in 2023
UBA witnessed a remarkable 237.5 per cent share price appreciation, closing the year at N25.65 with a market cap of...
Nigeria stops allocation to 26 professional bodies in 2024 budget
The federal government has excluded 26 professional bodies and councils of agencies from its budgetary allocations for the year 2024....
Union Bank, Titan Trust Bank merger nears completion – CEO
The chief executive officer of Union Bank, Mudassir Amray has said Union Bank of Nigeria and Titan Trust Bank proposed...
Nigeria’s foreign reserves ends year at $32.8bn
Nigeria’s foreign exchange reserves dipped to a six-year low of $32.87 billion at the end of December as the Central...
Naira to sustain downward trajectory in 2024—Analysts
Financial analysts have predicted a sustained decline of the Naira in 2024 as the exchange rate between the local currency...
