Benchmark Yield on Nigerian Bond Rises to 19.70%
Benchmark Yield on Nigerian Bond Rises to 19.70% Trading activities on the Federal Government of Nigeria (FGN) bond ended on a bearish note in the secondary market, resulting in a…
Customs Records 127% Revenue Surge
Customs Records 127% Revenue Surge The Nigeria Customs Service (NCS) says it has recorded a 127 per cent increase in revenue in the first half of 2024 compared to 2023.…
Naira Plummets as External Reserves Surge to $36.506bn
Naira Plummets as External Reserves Surge to $36.506bn The naira depreciated by 0.13% against the US dollar in the foreign exchange market as FX liquidity in the market remained depressed.…
Access Holdings Market Value Slides to N18.50 – Market Note
Access Holdings Market Value Slides to N18.50 – Market Note Nigeria’s largest commercial banking group, Access Holdings Plc, was among the financial services stock that drove the banking index down…
NGX Rises by N112bn as Notore Chemical Lists Privately Sold Shares
NGX Rises by N112bn as Notore Chemical Lists Privately Sold Shares The Nigerian Exchange (NGX) market capitalisation expanded by about N112 billion on Monday after Notore Chemical lists privately sold…
FG to Develop Standardised Websites for MDAs – Minister
FG to Develop Standardised Websites for MDAs – Minister The Federal Government says it plans to develop standardised websites for Ministries, Departments and Agencies (MDAs) to enhance easy access to…
Fidelity Bank Extends N127.1bn Capital Raise Deadline
Fidelity Bank Extends N127.1bn Capital Raise Deadline One of the Nigerian top lenders in the market, Fidelity Bank Plc has extended its capital raising to August 12 after the company…
Fitch Affirms Lagos State at ‘B-‘ with Outlook Positive
Fitch Affirms Lagos State at ‘B-‘ with Outlook Positive Fitch Ratings has affirmed Lagos State’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B-‘ with positive outlook. The global…
Leadway Assurance Pays N67bn Claims in 2023
Leadway Assurance Pays N67bn Claims in 2023 Leadway Assurance Company Ltd. has disbursed N67.1 billion in claims for the year ended Dec. 31, 2023, indicating 16.7 per cent increase from…
NCC Orders MTN, Airtel, Others to Reactivate Lines Affected by NIN-SIM Verification Issues
NCC Orders MTN, Airtel, Others to Reactivate Lines Affected by NIN-SIM Verification Issues The Nigerian Communication Commission, NCC, has directed MTN Nigeria, Airtel Africa and others to immediately reactivate lines…