Thursday, June 18, 2026
Treasury 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...
Read moreDetailsNigeria’s central bank moves to liberalise management of non-performing assets
* To licence private asset management companies with N10bn capital base.... The growing non-performing assets of banks and the slow...
Read moreDetailsAccess, UBA, First Bank, GTB, Diamond, Sterling score high in global quality ranking of 100 major banks
Six Nigerian banks, Access Bank, First Bank (FBN Holdings), United Bank for Africa, Diamond Bank, Guaranty Trust Bank and Sterling...
Read moreDetailsNigerian bourse: Equities value down N246bn as bullish run ends
Nigeria’s equities market lost 2.6% of its value Wednesday as bearish trading makes a comeback after five straight days of...
Read moreDetailsShell, ExxonMobil, Chevron, Total, Eni risk losing $2.3trn in looming peak oil demand
Anglo-Dutch Shell, American ExxonMobil and Chevron, French Total and Italian Eni, the world’s biggest multinational oil companies are said to...
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Economic carnage of misusing ex parte orders in Nigerian courts