Equity investments near N1trn on bullish NGX, investor confidence
BY CHARLES ABUEDE With growing investors’ confidence in the local equities market, total domestic and foreign portfolio investment
Nigeria in pre-covid-19 company tax earnings rebound at N532.5bn
BY CHARLES ABUEDE Total company income tax (CIT) collected by Nigeria’s federal government rose 35.61 percent year on year to N532.5
Food Concept, NASD drive N1bn gains on NASD OTC Exchange
BY CHARLES ABUEDE The bulls ruled on the NASD OTC Securities Exchange Index, which closed the week with a positive movement on the NSI
FBNHoldings grows Q1’22 profit to N32.44bn as total earnings hit N180.6bn
BY CHARLES ABUEDE First Bank Holdings, Nigeria’s oldest financial institution, has reported a solid 107.7 percent year on year surge
Investors take N596bn in one week, but bargain hunting to drive trade this week
BY CHARLES ABUEDE A total of N595.9 billion profit was gained by investors last week as the week ended on a positive note in the midst
Naira reacts badly in the streets to hike in MPR, down N4 w/w
BY CHARLES ABUEDE FX Market This week, the Nigerian Naira is expected to remain largely stable across all segments of the FX market as
Investors react positively to FBN Holdings’ stellar N757.6bn earnings
BY CHARLES ABUEDE Investors reacted positively on Thursday to the stock of FBN Holdings which closed 1.9 percent higher when compared
Trust experts, CMOs chart ways to robust trust structure in Nigeria
BY CHARLES ABUEDE & CHISOM NWATU The Association of Corporate Trustees (ACT) in Nigeria, in an effort to improve the confidence of
Farmers, manufacturers, DisCos, get N661.09bn in 2 months from CBN
BY CHARLES ABUEDE Farmers, manufacturers, electricity distribution companies and exporters were paid the sum of N661.09 billion in
CBN hikes policy rate to 13% in line with expectations, inflation-served à la carte
BY CHARLES ABUEDE The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), after its meeting on Tuesday chaired by Godwin