CBN retains MPR, interest rate at 14 per cent

The Central Bank of Nigeria (CBN) yesterday kept its Monetary Policy Rate (MPR), its base interest rate, at 14 per cent.CBN Governor Godwin Emiefele,...

FMDQ securities recorded N21trn transactions in two months

The FMDQ OTC Securities Exchange recorded N22. 99 trillion worth of transactions in fixed income and currency markets in the first two months of...

Akande advised CBN should stop directing FX rates

The Central Bank of Nigeria has been advised to allow the forces of demand and supply to determine the naira exchange rates against foreign...

NSE market indices record 0.26% growth

The market indices of the Nigerian Stock Exchange (NSE) on Monday recorded marginal growth, appreciating by 0.26 per cent due to marginal gains posted...

NSE All-Share Index drops by 1.02%, 31 firms lose

The Nigerian Stock Exchange market capitalisation has dropped again from the N10tn mark as the prices of 31 stocks plummeted causing the NSE All-Share...

Capitalisation closes down by N59bn

Activities on the Nigerian Stock Exchange (NSE) on Thursday, remained on a negative note due to unimpressive third quarter result declared by some companies.The...

Equity Market sustains losing streak, sheds N15 billion

The Nigerian stock market (equities category) has sustained its losing streak for three straight days, posting a N15 billion drop in the Nigerian Stock...

Dangote assures investors better return on investment

Chief Executive Officer of Dangote Cement Plc, Onne van der Weijde, has assured investors of better returns on their investment, saying the company sold...

Heritage Bank admits no ties with suspended Heritage Capital

Heritage Bank said it has no business relationship with Heritage Capital Market Ltd suspended by the Securities and Exchange Commission (SEC). In a statement, the...

SEC, NSE retract licences of 21 stockbrokers’ over fraud

Securities and Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) have retracted licences of 21 firms for various infractions, including inability to meet minimum...

Conoil, 10 other refuse to publish 2016 audit results – NSE

The Nigerian Stock Exchange (NSE) on Monday said Conoil and 10 other quoted companies have failed to file their 2016 audited results within the...

FGNSB is introduced to empower Nigerians – DMO

Director General of Debt Management Office (DMO), Dr. Abraham Nwankwo, has said the administration of President Muhammadu Buhari is set to empower every Nigerian...

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