The Central Bank of Nigeria (CBN) has revoked the operating licence of Heritage Bank with immediate effect. CBN’s Acting Director, Corporate Communications,...
Global Economy According to the United States Department of Labor, the initial jobless claims in the US increased by 3,000 to 219,000...
This week, the local bourse snapped out of the three consecutive weekly losses with a perfect trading week, as it closed 1.73%...
EQUITIES The bulls continued to dominate activities in the domestic bourse as bargain hunting in SEPLAT (+10.0%) triggered a 0.5% gain in the...
The Nigerian Export Promotion Council (NEPC) said that the country’s E-commerce value rose from $675.68 million in 2022 to $9.02 billion in...
EQUITIES The Nigerian equities market maintained its winning streak in today’s session underpinned by investors’ demand for DANGSUGAR (+9.6%), FBNH (+5.0%), ZENITHBANK (+3.5%)...
The Association of Bureau De Change Operators of Nigeria has demanded that the Central Bank of Nigeria reverse the new capital requirement...
Currency Outside Banks (CoB) fell month-on-month (MoM) by N27.5 billion or 0.55 percent to N3.6 trillion in April from N3.627 trillion in...
EQUITIES The local bourse extended yesterday’s positive sentiments as buying interest in SEPLAT (+3.3%), UBA (+7.9%) and DANGSUGAR (+10.0%) pushed the benchmark index...
Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act No. 7...