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Nigeria
Sunday, February 18, 2018
FX trading goes live through FMDQ by August

CBN debunks Saharareporter’s distress story, affirms liquidity of Skye Bank, 8 others

The Central Bank of Nigeria (CBN) on Friday debunked a story carried by Online news medium, Sahara Reporters purporting that nine Nigerian Banks are...
How states, LGs, FG shared N2.53trn in 7 months – Report

FG to set up $25bn fund infrastructure Investment

Biodun Abimbola   In recognition of the role of the Capital Market as most critical to the kind of economy the present administration intends to develop...
Q2: Guinness approves N4.8bn dividend, assures sustainable growth

Guinness approves N4.8bn dividend, assures sustainable growth

Guinness Nigeria and its parent company, Diageo, Savage said, remain strongly committed to supporting Nigeria’s developmental aspirations through strengthening the country’s manufacturing base, employment...
NASS working to achieve 1% revenue allocation to health — Rep.

Investors lose N107bn as Guinness tops losers

Guinness Nigeria Plc was the only stock that recorded the highest value erosion   Trading on the Nigerian Stock Exchange resumed negative on Monday with investors...
NSE targets 20m retail investors, introduces mobile App

NSE targets 20m retail investors, introduces mobile App

In a bid to increase participation and encourage prospective investors, the management of the Nigerian Stock Exchange on Wednesday introduced mobile trading application as...
Stanbic IBTC reports 10% growth in revenue in Q3 2016

Stanbic IBTC signs first international syndicated loan market transaction

Press Release   Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings Plc, which belongs to the Standard Bank Group, has secured its debut syndicated term...
NSE maintains positive trend, records 0.92% appreciation

Equities value trims by N62bn as 7Up tops gainers

The benchmark indices of the Nigerian Stock Exchange on Tuesday closed negative with the equities value shedding N62 billion as sell-off persists. Specifically, the Market...
NASS working to achieve 1% revenue allocation to health — Rep.

NAFDAC fines Guinness Nigeria N1bn for regulatory infractions

One of Nigeria’s brewing giants, Guinness Nigeria Plc, has been fined N1 billion ($5 million) by the National Agency for Food and Drug Administration...
Aviation unions to shut down Caverton Helicopters over 150 sacked workers

Caverton explains dip in net profit

Caverton Offshore Support Group PLC (COSG) has expressed commitment to quality services despite drop in financial results. COSG, a leading provider of marine, aviation and...
Skye Bank posts N40.73bn loss FY2015

TSA: CBN fines Skye Bank N4bn over failure to render appropriate returns

The Central Bank of Nigeria (CBN) has imposed a fine of N4 billion on Skye Bank Plc for failing to render appropriate returns on...