Business

  The stock market closed on a negative note on Tuesday, reversing the gains from the previous trading session as...

By Achile Danjuma Global technology markets are confronting a new and acute phase of supply strain as a dramatic surge...

By SUNDAY ABBA, Abuja Minister of Steel Development Prince Shuaibu Abubakar Audu on Tuesday delivered a keynote address at the...

The Naira opened at 1,379.05 per dollar in the official window at Wednesday morning trading sessions in the Nigerian Foreign...

By Achile Danjuma Nigeria’s currency market ended February on a cautiously optimistic note, with the naira closing at N1,368/$ in...

The Nigerian equities market continued in a negative position on Wednesday as investors lost N74 billion amid sustained sell pressure...

In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65...

The Central Bank of Nigeria (CBN) says 20 Nigerian banks have already met the new minimum capital requirement in the...

The Central Bank of Nigeria has reduced its benchmark interest rate by 50 basis points to 26.5 per cent, citing...

Nigeria’s equities market recorded a 42 per cent increase in trading activity in January on a year-on-year basis. This is...

TAJBank Limited, one of Nigeria’s foremost non-interest banking services providers, has bagged an A1 ranking from the Agusto & Co...

The Nigerian equities market sustained its positive trend on Friday, closing with N1.2 trillion gain in market value due to...

The Nigerian equities market extended its bullish rally on Thursday, with investors gaining N1.698 trillion. The positive performance was due...

The Nigerian Exchange Limited (NGX) on Wednesday recorded a milestone with its first-ever Commercial Paper (CP) listing. This follows the...

The Nigerian Exchange Ltd. started the week on a positive note, with market capitalisation rising by N5.1 trillion, a 4.36...

The Nigerian stock market sustained its positive performance on Wednesday, adding N881 billion to investors’ wealth as renewed buying interest...

Dangote Petroleum Refinery has reduced the gantry price of petrol by N25 per litre, lowering its ex-depot rate from N799...

The Central Bank of Nigeria says it has approved the participation of licensed bureau de change operators. According to a...

The naira appreciated further at the official foreign exchange market on Tuesday, trading at N1,351.02 against the United States dollar,...

The naira on Monday opened the week with a gain at the official market, trading at N1,354.25 per dollar. According...

The equities market closed bullish on Wednesday, adding N1.37 trillion to investors’ wealth. This positive performance was driven by increased...

Trading on the Nigerian Exchange Ltd. (NGX) closed mixed on Friday, as market capitalisation rose by N184 billion despite a...

The Nigerian stock market rebounded on Thursday, as investors recorded gains of N233 billion following renewed buying interest in equities....

The equities market closed lower on Wednesday, reversing previous gains and eroding investors’ wealth by N352 billion. Selloffs in stocks...

  The stock market on Tuesday rebounded, recording a N94 billion profit, adding to investors’ portfolios. Investor interest in Red...

  The Naira on Friday, closed the week stronger further appreciating against the U.S. dollar at the official market to...

The Nigerian stock market reversed its gains from the previous session, recording N457 billion loss for investors on Thursday. The...

The equities market recorded a historic gain of N1.662 trillion at the close of trading on Tuesday, reflecting sustained bullish...

The stock market on Thursday sustained its upward trend, with market capitalisation rising by N138 billion, or 0.13 per cent,...

The equities market closed on a positive note on Tuesday, delivering a N469 billion gain to investors amid sustained buying...

The stock market traded 4.683 million shares valued at N38.864 billion in 34,852 transactions on Tuesday. This compares with 1.47...

Femi Otedola yesterday divested his 77 per cent controlling stake in Geregu Power Plc in a $750 million deal. The...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on all its members nationwide to patronise the Dangote Refinery...

  The Nigerian stock market has recorded its second positive performance in the week, as N13 billion was added to...

    The African Development Bank (AfDB) opened a donor-pledging conference on Monday for its fund that lends money to...

Founder and President of Dangote Group, Aliko Dangote, has announced that petrol prices will drop to ₦739 per litre nationwide,...

The NGX All-Share Index and market capitalisation appreciated by 1.63 per cent and 1.64 per cent, respectively, to close the...

The equities market closed the week with a gain of N946 billion on Friday, due to sustained interest in medium...

    The naira is losing gains, dropping to ₦1,483/$ on Wednesday morning after remaining stable in late November, as...

  A statement issued in Abuja on Monday by Hakama Sidi-Ali, CBN’s acting director, corporate communications department, stated that the...