CardinalStone to acquire 80% equity in Radix Pension Managers Limited
CardinalStone Partners Limited is set to acquire 80% equity stake in in Radix Pension Managers Limited.
Stock market reflects economic trends amid elevated inflation and exchange rate
Some market operators have said that as long as economic factors such as inflation and high exchange rates remain elevated,...
No respite for the Naira as the exchange rate closes at N1,479.47/$1 at the official market
The Naira experienced depreciation against the US Dollar across both the official and black markets as demand pressure continued to...
Unilever expresses concern over market share dip amid sales rebound
Unilever's Chief Executive Officer, Hein Schumacher has expressed disappointment regarding the company's performance following the disclosure of declining market share,...
Forex turnover falls 56.17% to $203 million despite CBN’s current policies
Forex turnover dropped by 56.17% to $203 million as the Nigerian naira gained against the dollar marginally on Wednesday, February 7th, 2024 at...
Wema Bank appoints Kazaure, Opeke as new directors to its board
The Board of Wema Bank Plc has announced the appointment of Yusuf Zubair Kazaure and Segun Opeke as Non-Executive Director...
Mitsubishi’s shares surge on Warren Buffett-backed $3.4 billion buyback plan
Mitsubishi's shares soared to an all-time high on Wednesday following the announcement of a significant buyback plan worth $3.4 billion,...
Capital market: Senate to review legislative frameworks to boost listings, curb tax evasion
The Chairman of the Senate Committee on Capital Market, Osita Izunazo has said that the Senate will review legislative frameworks...
Intra-day high remains above N1500/$1 for 6th straight day
The intra-day high between the naira and dollar sold for N1,519/$1 on Tuesday as forex turnover dropped by 20.26% to $465.29 as the Nigerian...
Court further adjourns hearing on Oando scheme of arrangement to April 17th
The Federal High Court, Lagos Division, has further adjourned the hearing in the petition filed by 14 shareholders of energy...
