American financial services giant Stripe has acquired Nigerian fintech startup Paystack to expand into the fast-growing online market in Africa, the c
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The International Monetary Fund (IMF) has predicted that Nigeria’s Gross Domestic Product (GDP) will contract by 4.3 per cent, which indicates an impr
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The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has identified the Central Bank of Nigeria’s (CBN) restriction of
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The Chairman Odu’a Investment Company Limited Board, Dr. Segun Aina, has said the conglomerate made profit before tax of N890 million for the 2019 fin
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The equities market recorded another slide yesterday as profit-taking persisted after a 12-day rally was halted on Wednesday. The Nigerian Stock Excha
Read MoreThe rally at the stock market was halted yesterday after 12 days as investors moved in to lock in profit accumulated during the bull run. As a result,
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Wall Street stocks dropped Tuesday, falling abruptly after President Donald Trump ended talks on another round of stimulus spending to support the cor
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Amid a flood of government spending, the global downturn sparked by the coronavirus pandemic will not be as bad as originally feared, IMF Chief Krista
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The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has said the exchange remains committed to promoting financial lit
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The total value of Internally Generated Revenue (IGR) by the 36 States of the federation and Federal Capital Territory (FCT) declined to N612.87 billi
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The Nigerian stock market year-to-date (YTD) performance turned positive last Friday after almost seven months of being negative as cheap valuations o
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Pending the return of a bullish run in the capital market, the Bureau of Public Enterprises (BPE) is set to list no fewer than four privatised firms o
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Fitch Ratings has revised the outlook on Nigeria’s long-term foreign-currency Issuer Default Rating (IDR) to stable from negative and affirmed the IDR
Read MoreThe stock market sustained its bullish trend yesterday as buying interest in bellwethers such as Dangote Cement Plc, MTN Nigeria Communications Plc an
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Representatives of Nigeria’s Organised Private Sector (OPS), namely: Lagos Chamber of Commerce and Industry (LCCI), the Manufacturers Association of N
Read MoreThe Nigerian equities market gained a record N350 billion last week as investors swooped on stocks in search of higher returns following a cut in the
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R.T. Briscoe Nigeria Plc, one (1) of the six (6) listed companies that were suspended on September 1, 2020, has now filed its outstanding financial st
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Vice-President Yemi Osinbajo, has said the federal government may reopen the land borders soon. President Muhammadu Buhari had in October 2019 ordered
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The Economic and Financial Crimes Commission (EFCC) says it has recovered over N4.16 billion from lottery companies, being revenue owed to the governm
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The Association of Bureaux De Change Operators of Nigeria (ABCON) yesterday appealed to the Central Bank of Nigeria (CBN) to allow its members include
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