Author: Kingsley Ighomwenghian

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CBN Injects $262.5m Into Retail Secondary Market Intervention

CBN Injects $262.5m Into Retail Secondary Market Intervention

The Central Bank of Nigeria (CBN) on Friday, January 12, 2018, carried out its maiden intervention in the Retail Secondary Market Intervention Sales (...
Nigeria’s Equity Market Suffers 0.33% Loss, Amidst Profit-Taking, Panic Selling

Nigeria’s Equity Market Suffers 0.33% Loss, Amidst Profit-Taking, Panic Selling

After Hitting Intra-Day High Of 43,670.57bps As forewarned by Investdata analysts, the composite All-Share index of the Nigerian Stock Exchange (NS...
Institutional Money Flow Clouds Profit Taking Activities, Sustains Nigeria’s Equity Rally

Institutional Money Flow Clouds Profit Taking Activities, Sustains Nigeria’s Equity Rally

Market Update for January 11 Prices of equities on the Nigerian Stock Exchange (NSE) continued to gallop on Thursday, following which the composite...
UBA Unveils ‘Leo The Chat Banker’ For Social Media Accounts

UBA Unveils ‘Leo The Chat Banker’ For Social Media Accounts

Photo caption: GMD/CEO, United Bank for Africa( UBA )Plc, Kennedy Uzoka addressing customers and staff during the launch and introduction of Leo, a Ch...
(Photo News) Osinbajo Receives Amina Mohammed, UN Deputy Scribe In Abuja

(Photo News) Osinbajo Receives Amina Mohammed, UN Deputy Scribe In Abuja

(Caption): Vice President Prof. Yemi Osinbajo, SAN, earlier today received the Deputy Secretary General of the United Nations, Mrs. Amina Mohammed for...
Nigeria’s Bourse Hits 9-Year high, As Foreign Funds Managers Take Position

Nigeria’s Bourse Hits 9-Year high, As Foreign Funds Managers Take Position

The compose All-Share index of the Nigerian Stock Exchange (NSE) soared further on Thursday, closing 2.93% better at 43,041.54 basis points, a level l...
Dangote Remains Africa’s Richest For 7th Consecutive Year

Dangote Remains Africa’s Richest For 7th Consecutive Year

For the seventh consecutive year, President and Chief Executive of Dangote Industries Limited, Aliko Dangote was adjudged as the richest man in the co...
Vitafoam Gets N2bn BoI Loan For Working Capital

Vitafoam Gets N2bn BoI Loan For Working Capital

The management of Vitafoam Nigeria Plc, on Thursday said it had secured the approval of the Bank of Industry (BoI) for N2bn long-term loan to augment ...
Suleiman To Replace Yemi Adeola As Sterling Bank MD

Suleiman To Replace Yemi Adeola As Sterling Bank MD

The board of Sterling Bank Plc, on Thursday informed the capital market community of the retirement of Yemi Adeola, its managing director and chief ex...
Corporate Governance Rating System Board Meets Jan. 19

Corporate Governance Rating System Board Meets Jan. 19

PRESS RELEASE Following the inauguration of the Steering Board of the Corporate Governance Rating System and its successful inaugural meeting on 12...
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