Banks’ assets under strain after naira depreciation
According to Moody’s Investors Services, the depreciation in Naira will put a strain on the assets of Nigerian banks struggling to...
Naira falls to N515 in forward market
Nigeria's one-year currency forward posted its biggest drop in more than a decade yesterday as the ASI Index fell to...
The good, bad and ugly of low oil prices for Nigeria
Diversification of Nigeria’s economy is believed to be the only viable way to survive the current environment of global economic...
Nigeria’s bourse in a free-fall, Investors lose N259.23 billion
The Nigerian bourse opened the week on a negative note as the Nigerian Stock Exchange's All Share Index sank further...
Fidelity Bank Plc proposes dividend of 20 kobo to its shareholders
Fidelity Bank Plc has proposed a dividend payment of 20 kobo per 50 kobo share, subject to shareholders’ approval and...
Brent crude drops to $25, demand drops by about 10%
Oil prices fell today as political leaders around the world escalated lockdowns to curb the spread of the global coronavirus...
Seplat Petroleum to pay final dividend of $0.05 per share
Seplat Petroleum today announced a final dividend at a rate of US$0.05 per Ordinary Share subject to shareholders’ approval at...
COVID-19, a virus that shakes global financial markets
Over the last century, recessions have almost always been started by sustained periods of high-interest rates, never a virus.
Week the bears took control of the world’s financial Markets
Investors suffered another heavy losses last week, as worries strengthened about the impact of the novel coronavirus outbreak and as oil prices fell to...
Nigerians recount loses to crypto fraud
Billions of dollars have been lost from the ignorance of people who are new to the cryptocurrency market to crypto scammers.
