The African Export-Import Bank (Afreximbank) has reiterated its cooperation with Nigeria in its quest for development, as well as willingness to arrange financing of up to $1 billion...
Stock Exchange makes N3.8 billion record high profit
The emergence of the Nigerian Stock Exchange (NSE) as the third best performing stock in the world last year has impacted on its performance for the 2017 financial year, resulting to an operating surplus after tax or Profit After Tax (PAT) of N3.79 billion. The NSE made this known at the presentation of its results…
BoI, Ebonyi unveil N4bn agric fund for civil servants
The Bank of Industry (BoI) and Ebonyi State government have unveiled another N4 billion matching funds to improve agricultural activities embarked upon by workers in the state.
Berger Paints shareholders endorse N144.9m total dividend
For increasing shareholders’ value on investment through dividend payout, shareholders of Berger Paints Plc, at the weekend, commended the board for enhancing their returns on investments...
FCMB gets two awards from GPTW
First City Monument Bank (FCMB) has been awarded two top recognitions at the fifth edition of the Best Companies to Work For 2018 Africa Awards organised by the Great Place to Work Institute (GPTW).
The gravity of the Nigerian situation
In the run up to the 2015 elections, the former governor of the Central Bank, Prof. Charles Soludo, published what turned out to be a prophetic article.
‘Dominance of foreign investors not good for stock market’
Capital market experts have expressed concerns on the volatility and spill over effect caused by over dependence on foreign investors in the nation’s stock market.According to them, the major reason for the depressed state of the market is due to sell down by foreign investors that play dominant role in the nation’s bourse.
SEC charges business owners on corporate governance
The Securities and Exchange Commission (SEC) Nigeria has restated the need for business owners in the country to embrace corporate governance as a desirable option to grow enterprises, improve shareholders’ funds and profitability on a sustainable basis.
CBN issued N13.762tr OMO instruments to check inflation in 2017
To contain inflation induced by excess liquidity in the system in 2017, the Central Bank of Nigeria (CBN) last year deployed Open Market Operation (OMO) instruments worth over N13.762 trillion