Major highly capitalised stocks on Friday posted price depreciation forcing the market indicators to close negatively.
The Naira on Friday depreciated further to N500 to a dollar at the parallel market after it had remained stable for nearly three weeks, Newsverge reports.
Oyo State Government has confirmed the receipt of N7.2 billion as its share of the Paris Club excess deductions.
The National Bureau of Statistics (NBS) has revealed that the Nigeria Banking sector recorded 910,186,115 transactions valued at N65.16 trillion in 2016.
The Manufacturing Purchasing Managers’ Index (PMI) stood at 48.2 index points in January 2017, indicating a decline in the manufacturing sector during the review period.
The Federal Executive Council on Wednesday in Abuja approved a revised National Tax Policy to address low taxation in the country.
The Central Bank of Nigeria (CBN) has promised to maintain price stability and external reserves to safeguard the international price of Naira.
Indian Acting High Commissioner, Mr Kaiser Alam has said that the trade volume between Nigeria and India stood at $12 billion in 2016.
A cross section of economic analysts including money and capital market players have thrown their weights behind the Monetary Policy Committee of the Central Bank of...
The Director –General of the Securities and Exchange Commission (SEC), Mounir Gwarzo has restated the commission’s resolve to promote the development of Commodity Exchanges in the...
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