Markets

U.S oil broke past $75 per barrel for the first time since October 2018 on the prospect of growing global...

CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies

Securities

CBN to issue N722.17 billion treasury bills in Q3 2021

by Samuel Oyekanmi

The Central Bank of Nigeria (CBN) seeks to raise a sum of N722.17 billion in cash through the issuance of...

2021 Q1 Results: Lasaco Assurance profit after tax slumps by 32% to N181.4 million.

LASACO Assurance Plc released its unaudited financial statements for the period ended 31st of March, 2021. Gross premium for the...

Primrose Investment Limited injects N70.2 million in additional FCMB shares.

Primrose Investment Limited, a real estate and property development company, has announced the purchase of additional 22 million units of...

Stanley Njoroge resigns as a director from the Board of Guinness Nigeria Plc.

The Board of Guinness Nigeria Plc has announced the resignation of Mr Stanley Njoroge as an Executive Director of the...

Spotlight

Presco Plc Board approves fundraising from debt market

by Chidinma Anyalewechi

The Directors of the company have been authorized to raise additional capital by issue of debt instruments.

Federal High Court Approves Merger Between CAP Plc and Portland Paints.

The Federal High Court has granted an order sanctioning the merger between Chemical and Allied Products Plc (CAP Plc) and...

Energy

NGX Oil and Gas Index outperforms other major market indices

by Chidinma Anyalewechi

The growth in the NGX Oil and Gas Index was spurred by gains in the share prices of Seplat Plc...

Wall Street finished green, DiDi IPO raises $4 billion

Markets

Nasdaq falls as DiDi closes at $67.8 billion market cap on debut

by Ubah Jeremiah Ifeanyi

With a market capitalization of $67.8 billion, DiDi closed at $14.14 per share.

XRP rebounds strongly as investors appeal to SEC

Cryptos

1 billion XRP worth $704 million released into the crypto market

by Olumide Adesina