News reaching our desk revealed that just today, the federal government of Nigeria initiated criminal proceedings against Binance, one of the biggest cryptocurrency exchange platforms.The Federal Inla...
NASCON Allied Industries announced that it gained more market share even as its profit after tax (PAT) rose by 151% to N13.73 billion for the financial year ended December 31, 2023.NASCON also reporte...
Last month, the major shareholder of PZ Cussons Holdings announced plans to buy out other shareholders, but this was pending regulatory approvals. On Tuesday this week, the Securities and Exchange Com...
Yesterday, the Nigerian stock market halted its three-day straight bearish run as investors engaged in profit-taking activities. Yesterday's gains were attributed to the gains in BUA Cement Plc and 21...
On Wednesday, the Central Bank of Nigeria (CBN) announced that all previous pending valid foreign exchange backlogs were officially cleared, thereby fulfilling one of the important pledges Mr Olayemi ...
Investors at the Nigerian Stock Exchange (NGX) finished the mid-week trading session in a red zone, leading to a three-day consecutive bearish run. Market capitalisation was down by N168 billion, as i...
Local stocks yesterday at the Nigerian Stock Exchange (NGX) sustained a bearish end as losses were attributed to investors' profit-taking activities. This led to a decline in prices at MTN Nigeria Com...
On Tuesday, Zenith Bank Plc announced the appointment of Dr. Adaora Umeoji as the new GMD/CEO of Zenith. Before her appointment, Mrs. Adaora Umeoji worked as a banker.The announcement of her appointme...
The Debt Management Office (DMO) has announced that it has successfully raised N588.85 billion from the March 2024 Federal Government (FGN) Bond offer, which opened last week. The return was far more ...
The Board of International Breweries Plc has announced that it will seek approval for a $379.9 million shareholder loan and debt-to-equity conversion, part of a special resolution at the company’s E...