Author: Kingsley Ighomwenghian

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CBN Pumps $337m, CNY53m nto Inter-Bank Forex Market

CBN Pumps $337m, CNY53m nto Inter-Bank Forex Market

In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, October 19, 2018 injected over $337m in the inter- Bank forex market...
Okomu Oil Palm Nets N7.24bn Profit, Amidst Sluggish Revenue Growth

Okomu Oil Palm Nets N7.24bn Profit, Amidst Sluggish Revenue Growth

Okomu Oil Palm Plc has released its performance score card for the nine-month ended September 30, 2018, showing that profit grew at a marginally faste...
NGSE Remains Volatile, As Investors Review Q3 Numbers, Economic Data, 2019 Risk

NGSE Remains Volatile, As Investors Review Q3 Numbers, Economic Data, 2019 Risk

MARKET UPDATE FOR OCTOBER 18, 2018 Thursday turned out another very volatile session on the Nigerian Stock Exchange (NSE), at the end of which the ...
CBN Sets N6bn Minimum Capital For Proposed Mortgage Guarantee Firms

CBN Sets N6bn Minimum Capital For Proposed Mortgage Guarantee Firms

The Central Bank of Nigeria (CBN), on Thursday unveiled an exposure draft to regulate the operations of Mortgage Guarantee Companies (MGCs), as part o...
Photo News: Nigeria, Ghana Regulators Meet At WASRA In Abuja

Photo News: Nigeria, Ghana Regulators Meet At WASRA In Abuja

Caption: From left, Director General, Ghana Securities and Exchange Commission Rev Daniel Tetteh, Acting Director-General Nigeria SEC, Ms Mary Uduk; C...
Zenith Bank Nets N144.18bn Q3 Profit, As Loan Loss Charge Drops By 69.5%

Zenith Bank Nets N144.18bn Q3 Profit, As Loan Loss Charge Drops By 69.5%

Zenith Bank Plc, on Thursday joined the group of early filers, as the board presented its unaudited financials for the nine-month ended September 30, ...
Photo News: Gwarzo, Suspended SEC DG At FCT High Court

Photo News: Gwarzo, Suspended SEC DG At FCT High Court

Caption: Suspended Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, during the hearing of the suspended DG SEC over fr...
Technology Can Ease Challenges Of Nigeria’s $1.3bn Logistics Industry- CNN

Technology Can Ease Challenges Of Nigeria’s $1.3bn Logistics Industry- CNN

In this week’s episode of Marketplace Africa, CNN International travels to Nigeria where technology is being used to modernise the logistics industry....
Expect Portfolio Rebalancing On NGSE, As Investors Digest Emerging Q3 Reports

Expect Portfolio Rebalancing On NGSE, As Investors Digest Emerging Q3 Reports

MARKET UPDATE FOR OCTOBER 17, 2018 Volatility on the Nigeria Stock Exchange (NSE) continued at midweek despite the onset of Q3 earnings reporting s...
Trading, Other Incomes Boost GTBank Q3 Net Profit To N142.22bn

Trading, Other Incomes Boost GTBank Q3 Net Profit To N142.22bn

The board of Guaranty Trust Bank Plc, on Wednesday presented its unaudited result for the nine-month ended September 30, 2018 to the Nigerian Stock Ex...
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