Union, Unity, Wema Banks’ N397b earnings rob shareholders
By Kelechi Mgboji
Assistant Business Editor
Union Bank, Unity Bank, and Wema Bank reported N397 billion loss retained earnings in 2015, with the effect their shareholders...
Bonds rise, stocks fall after Buhari’s win
By
Jeph Ajobaju, Chief Copy Editor
A
mixed reaction came out of Nigeria’s stock market on February...
Seplat rakes in N37 billion as profit in half-year 2019
By Ishaya Ibrahim
One of Nigeria’s leading indigenous oil and gas companies, Seplat Petroleum Development Plc, has posted 15...
Abuja reiterates commitment to capital market buoyancy
. Finance minister says FG committed to its growth
By
Jeph Ajobaju, Chief Copy Editor
Abuja
has...
Mixta Real Estate (Nigeria) Plc taps FMDQ for housing, dev. funding
Housing and Infrastructure development in the nation is taking progressive steps in the right direction, as another corporate, Mixta Real Estate (Nigeria)...
Now is the right time to reform oil pricing
World oil prices, which have been highly volatile during the last decade, have fallen more than 50 per cent over the past year.
The economic...
SEC, ACMAN to develop benchmark for capital market studies
The Securities and Exchange Commission (SEC) and the Association of Capital Market Academics of Nigeria are partnering to...
CBN to officially devalue Naira to N250 to the dollar
The Central Bank of Nigeria (CBN) will today announce the devaluation of the naira to N250 – $1, authoritative sources familiar the development have...
No respite for investors after N1.24tr loss in four months
By Kelechi Mgboji
Assistant Business Editor
Huge losses at the Nigerian equities market have continued with investors losing N1.24 trillion in the four months to April.
The...