The Best and Worst Stocks In Nigeria Last Week (9-13/2/2015)
The NSE All-Share Index and Market Capitalization depreciated by 8.00% to close on Friday at 27,585.26 and N 9.204 trillion...
Ecobank Borrows Another $50m, Taking Total Borrowing to $250m from Deutsche Bank Alone
ECOBANK TRANSNATIONAL INCORPORATED: ETI Signs USD 50 Million Senior Unsecured Loan Facility - Ecobank Transnational Incorporated (“the Company”) has notified...
Official: CBN Approves Computer Warehouse Group As a PTSP Service Provider
COMPUTER Warehouse Group Plc (CWG) has been issued a licence to perform the activities of Payment Terminal Service Provider (PTSP)...
Why CBN Is Giving Discos and Gencos N213b Loan
The Central Bank of Nigeria recently dished out loans to Power Generation (Gencos) and Distribution (Discos) companies in the past...
Capital Controls? CBN Stops Bank from Selling Dollars (Bought from CBN) To Anyone Except CBN
Nigeria banned banks on Friday from reselling dollars bought at a currency auction to other banks, dealers said, a move...
Orjiako Explains Why Seplat Plans To Defer Capital Projects In Favour of Boosting Gas Production
Bloomberg report Seplat plans to defer some oil investments while expanding gas output to survive low crude prices, company Chairman...
Press Release: CBN Introduces Stricter CRR Rules for Banks
The Central Bank has released a new circular reducing the timeline for computing CRR for most banks to two weeks...
Valentines Eve Sell-Offs As Nigerian Stocks End The Week Deep In Red
Nigerian All Share Index closed trading Friday recording 5 straight day of losses. The market dropped 2.7% today as most...
Afren Tells Seplat Deal Is Over!!
Reports suggest Afren Plc has rejected another offer of extension by Seplat after the Nigerian oil and gas producer failed...
This Chart Reveals Why Naira Devaluation Is ‘Inevitable’
This CHART OF THE DAY from Bloomberg shows that the rate at which the naira trades in the interbank market...
