Thursday, April 16, 2026
Nigerian equities see 5.0% week-on-week loss as investors hedge on falling oil prices
The Nigerian equities market extended its two-day loss to close Friday June 23, 2017 with a week-on-week negative position of...
Read moreDetailsRegulation, claims ratios expose gaps in insurers’ investment portfolios
Regulation on limitation in offshore investments of insurance funds and a rising claims outlay are eroding insurers’ profit margins and...
Read moreDetailsForeign investors upbeat on Nigeria’s new foreign exchange regime
The Central Bank of Nigeria’s (CBN) efforts to shore up and stabilize the country’s foreign exchange market is receiving rave...
Read moreDetailsNigeria’s $12bn e-commerce market seen as driver of growth in near term
Nigeria’s e-commerce, valued at $12 billion as at end 2016, is being projected as a major driver of growth in...
Read moreDetailsTreasury bills dominance soar to 89% in fixed income market on attractive yields
The treasury bills (T-bills) segment of the fixed income market continued its dominance in the market in the month of...
Read moreDetailsCBN boosts foreign exchange supply with $240m
The Central Bank of Nigeria (CBN) Friday June 23, 2017 allocated the sum of $240 million to the retail secondary...
Read moreDetailsBanks exposed to Etisalat lose N106bn stock value as investors weigh options
Stocks of banks exposed to Etisalat Thursday lost an estimated N106 billion in value at the Nigerian bourse, according to...
Read moreDetailsNigerian bourse: Bears sustain grip on market as NSE ASI loses 1.6% to profit taking
The Equities market extended its bearish run Thursday as the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalization...
Read moreDetailsNigeria’s oil production falls 29.55% year-to-date below budget benchmark of 2.2mbpd
Nigeria’s suboptimal oil production levels of 1.55 million barrels per day year-to-date is 29.55 percent below the 2017 budget benchmark...
Read moreDetailsAs in India, Tanzania, Etisalat UAE’s walk from Nigeria may be permanent
*Banks seeking regulatory, legislative support for proper financial intermediation.... If history is anything to go by, international and local telecommunication...
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