NSE 3

NSE extends bearish run with 0.08 loss

0
The Nigerian bourse extended its bearish run on Monday with crucial indicators recording 0.08 per cent loss. Specifically, the market capitalisation dipped N17 billion or...
Kingsley-Moghalu-1

$500m worth of Bitcoin traded in Nigeria in last five years – Moghalu

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Former presidential candidate, Kingsley Moghalu, has said that $500 million worth of Bitcoin has been traded in Nigeria within the last five years. The former...
crypto1

Cryptocurrencies: SEC to suspend admittance of persons affected by CBN circular

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The Securities and Exchange Commission (SEC) says it will put on hold, admittance into its Regulatory Incubation Framework for Fintech firms, all persons affected...
NSE4

NSE records first week loss, down 0.86%

0
The Nigerian Stock Exchange (NSE) on Friday recorded its first loss for the week, dropping by 0.86 per cent due to profit taking. Specifically, the...
Sylva1

FG explains reasons behind deregulation of downstream sector

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The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to ensure economic growth and...
NSE 3

NSE: Market capitalisation rises by N77bn

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The Nigerian equities market maintained upward trend on Wednesday with the market capitalisation growing further by N77 billion following renewed interest in high capitalised...
Ndic1

NDIC pays N116.258bn to customers of defunct banks.

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The Nigeria Deposit Insurance Corporation (NDIC) on Thursday said it has paid a total sum of N116.258billion to depositors and customers of defunct banks...
NSE4

Stock market opens week with N99bn growth

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The Nigerian Stock Exchange (NSE) resumed trading on Monday with a growth of N99 billion following gains by some blue chips. Specifically, the market capitalisation...
kemi -adeosun

FG begins disbursement of part of N90 bn fresh loan to 35 states

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The Federal Government has begun the disbursement of the first tranche of the N90bn conditional loan facility to some of the 35 states that...
The-Nigerian-Stock-Exchange-NSE-e1440527397658

NSE: All-Share Index drops to 26,000 mark again.

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The Nigerian Stock Exchange (NSE) All-Share Index on Friday lost 98.45 points or 0.36 per cent to close lower at 26,987.45 mark. The News Agency...
CBN-Governor-Godwin-Emefiele

Coronavirus: CBN cuts interest rates, rolls out other interventions

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The Central Bank of Nigeria (CBN) has announced reduction of interest rates in all its intervention facilities from nine per cent to five per...
export business

Korea import from Nigeria rise to $2bn

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The Republic of Korea said it has exported goods worth over $800m between January and third quarter of this year to Nigeria. It also imported...
diezani allison madueke 3

Buhari & OPEC Lobby to Retain Alison-Madueke As Oil Minister

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Editorial; Pulled from HUHUONLINE As widely reported in the media, President-elect, Muhammadu Buhari is under intense pressure to retain the controversial Petroleum Resources Minister, Diezani...
Foreign-exchange

CBN explains recent value appreciation of the Naira

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The Central Bank of Nigeria, CBN, said the recent appreciation of the Naira against other currencies was the result of its market monitoring and...
Yemi Osinbajo3

Osinbajo advocates tax reforms to curb illicit financial flow

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*VP urges leaders of destination countries to insist on repatriation of illicit funds and their proceeds Leading the call for an effective global action against...

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