The Securities and Exchange Commission (SEC) has unveiled plans to reduce its operating costs in order to boost profitability within the next two years. The Director-General...
Equities have been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021. The Financial Derivatives Company (FDC) disclosed...
Investors have placed more than 207 million ordinary shares of leading companies in Nigeria’s key sectors of banking, telecommunications and manufacturing worth about N5.8 billion on...
Profit-taking in major sectors caused the Nigerian Exchange (NGX) to decline further on Tuesday as the All-Share Index shed 0.27% or 107.06 points to close...
Trading activities on the Nigerian Exchange (NGX) closed in the red for the second consecutive day on Tuesday as the All-Share Index shed 0.27% or 107.06...
The Central Bank of Nigeria (CBN) has mandated all banks to name and shame defaulters of its foreign exchange policy by publishing their names and Bank...
The average loan-to-deposit ratio of the Nigerian banking industry is still below the 65% regulatory benchmark set by the Central Bank of Nigeria (CBN). The data...
Investors in the Nigerian Exchange (NGX) lost N5 million following market capitalization dipped by that amount after gaining N13 billion the previous day. The All-Share Index...
The Nigerian equity market declined further by 0.12% due to sell pressure on WAPCO, GTCO, and UBN on Monday. The All-Share Index (ASI) declined by 0.12%...
The Nigerian equity market finished the week negatively as the benchmark index dipped three of the five trading sessions. Consequently, the NGX All-Share Index fell by...