FGN offers N50bn green bond for subscription at N1,000 per unit
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), has offered the Green Bond valued at N50 billion for subscription at...
CBN’s suspension of dividend payments by banks may cause stock market volatility, ASHON cautions
The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concern over the Central Bank of Nigeria’s recent circular indefinitely suspending dividend payments...
NNPC Ltd. records N5.8bn revenue, N748bn PAT in April
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a revenue of N5.89 billion and a Profit After Tax (PAT) of N748 billion...
Oando Profit-After-Tax up 267% to N220bn in FY2024 audited results
Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), posted robust Audited Full...
SEC warns on ponzi schemes, calls for vigilance to safeguard Investors, economy
The Securities and Exchange Commission (SEC) has sounded a renewed warning on the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence,...
United Capital Asset Management commemorates Children’s Day with launch of Children Investment Fund
United Capital Asset Management (UCAML), a leading asset management company and subsidiary of United Capital Group, has announced the official
launch of its...
NGX confirms no insider trading done by MD/CEO of Fidelity Bank Plc
The Nigerian Exchange Group (NGX) has affirmed that the recent purchase of 18 million units of Fidelity Bank shares by its Managing Director/Chief Executive...
Fidelity drives NGX early rally as investors swoop on bank stocks
By Iheanyi Nwachukwu
After muted days of buy activities, Nigeria’s stock market recorded early rally on Friday as invested pounced on the stocks of...
CBN holds MPR at 27.5%
For the first time since February 2024, the Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR) at 27.5 percent.
CBN Governor Yemi Cardoso...
CBN assures public of banking sector stability, dismisses rumour
The Central Bank of Nigeria (CBN) on Monday dismissed reports suggesting distress in a regulated financial institution, describing the claims as misleading and capable...
