Author: Kingsley Ighomwenghian

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Adeosun Meets G24 Nations Over Tax Revenue, Growth, Budget transparency

Adeosun Meets G24 Nations Over Tax Revenue, Growth, Budget transparency

Nigeria’s Finance Minister, Mrs. Kemi Adeosun, on Thursday met with fellow Finance Ministers at a meeting convened by the G24 Group to discuss strateg...

Nigeria’s Stock Market Slide, As Global Indices Go Green

Market Update for April 20, Post-Easter holiday, there is increasing volatility on the Nigerian Stock Exchange at a time all eyes are on first quar...
NB Reports Flat Q1 Growth, As Net Profit Limps By 9.51%

NB Reports Flat Q1 Growth, As Net Profit Limps By 9.51%

Just like United Capital Plc before it, the management of Nigerian Breweries Plc, the most capitalized company on the Nigerian Stock Exchange (NSE) be...
Naira Sells At N376/$, Amidst CBN’s Sustained FX Market Interventions

Naira Sells At N376/$, Amidst CBN’s Sustained FX Market Interventions

After a momentary relapse, the Naira firmed up at the Bureau de Change (BDCs) segment on Thursday, April 20, 2017, trading at between N376 and N378/$ ...
Market Breadth Remains Weak, Despite Mid-Week’s Positive Close

Market Breadth Remains Weak, Despite Mid-Week’s Positive Close

Market Update for April 19 The Nigerian stock market’s indices continued its high volatility at the mid-week’s trading session to close positive and ...
Banks Pick 68.5%, As CBN Sells $100m In Interbank FOREX Market

Banks Pick 68.5%, As CBN Sells $100m In Interbank FOREX Market

• To Offer BDCs $20,000 Thursday Banks and other authorized dealers were only able to pick up $68.51m of the total $100m spot wholesale interventi...

N15bn Fraud: Police To Rearrest Fleeing Ex-Gulf Bank Directors

The Nigeria Deposit Insurance Corporation (NDIC), on Wednesday said following a review of some pending investigations by the Police Financial Malpract...

Nigeria, Angola, S/Africa’ll Lift Africa’s Economic Growth To 2.6%- World Bank

The World Bank on Wednesday said in its latest "Africa's Pulse" report that economic growth in Sub-Saharan African could grow by 2.6% this year, doubl...

United Capital Records Flat Q1 Profit Growth

The management of United Capital Plc, on Wednesday presented its performance score-card for the first quarter ended March 31, 2017, with gross earning...
Roosevelt Ogbonna Replaces Nwosu As Access Bank DMD

Roosevelt Ogbonna Replaces Nwosu As Access Bank DMD

The board of Access Bank Plc, on Wednesday informed the Nigerian Stock Exchange (NSE) of the appointment of Roosevelt Michael Ogbonna as Group Deputy ...
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