The Central Bank of Nigeria (CBN) has said it is working on a new regulation aimed at improving the level of compliance and corporate governance practice by fintechs in the country.
The Nigerian Exchange (NGX) continued its bearish run this week, declining by a marginal 0.07% to close with an All-Share Index of 99,051.02 points, down from yesterday’s 99,118.86 points.
The Nigerian Exchange started June on a bearish tone, as investors’ sentiments were quite cautionary considering the nationwide strike.
The Chartered Institute of Stockbrokers (CIS) and Association of Securities Dealing Houses of Nigeria (ASHON) have expressed concern over the proposed amendment of the Central Bank of Nigeria (CBN) Act No. 7 of 2007 seeking to subject the annual budget of the CBN to approval from the National Assembly
MTN Nigeria’s market value increased by N126 billion on May 20 as its market cap moved from N4.70 trillion to N4.83 trillion. MTN was a significant contributor to the NGX’s bullish run during the trading day as the market recorded a 0.05% gain.
Leading insurance companies in Nigeria paid N141.761 billion in claims in the financial year of 2023, compared to N120.563 billion in 2022, representing a growth of 17.58%.
This week started on a bearish note in the NGX as the market posted a 0.89% decline to close with an All-Share Index of 98,703.68 points, marking a 883.57-point decline from last Friday’s 99,587.25 points.
Rice farmers under the aegis of the Rice Farmers Association of Nigeria (RIFAN) have defaulted on about 52% of a N283.01 billion loan.
Health insurance is vital for financial security in healthcare, crucial for universal coverage. Despite operating ssince 1999 in Nigeria, uptake remains below 5%, with oversight by the NHIA. HMOs resiliently offer affordable packages, yet challenges persist. Dedicated CEOs drive sector advancement, aiming for a brighter future.
In numerous regions of the world, the observance of Valentine's season extends beyond romantic relationships to encompass expressions of love among family members and friends.
As the Nigerian government strives to prioritise the health of its citizens, gaining a comprehensive understanding of the financial dynamics surrounding common lab tests becomes crucial.
With a current year-to-date return of 41%, the Nigerian Exchange in 2023 is on track to exceed its last year’s performance.
