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Money Market Rates Dip as FAAC Credit Boosts Liquidity Money market short term benchmark interest rates declined as Federal Accounts Allocation Committee (FAAC) disbursement boosted liquidity level in the financial…
Investors See Huge Loss as Selloffs Scratch Banking Index Equities investors lost more than N103 billion on the Nigerian Exchange (NGX) over a bear festival that lasted for two days…
FBN Holdings Shrinks in Value as Selloffs ‘Heat’ Persist Investors can now buy FBN Holdings 39.895 billion shares outstanding cheaper as its market value fell below halve of its peak…
Benchmark Yield on FGN Bond Dips to 18.8% Ahead of Auction The average yield on Federal Government of Nigeria (FGN) bonds declined by six basis points to close the previous…
IOCs Plotting for Our Refinery to Fail – Dangote Mr Devakumar Edwin, the Vice President of Dangote Oil and Gas Industries, has accused International Oil Companies (IOCs) in Nigeria of…
Guinness Nigeria Climbs by 38% as Investors Weigh ‘Next Action’ Since notice of Diageo deal to exit Nigeria, Guinness Nigeria Plc has seen its market value climbing, crossing more than…
Champion Breweries Gains 33% after Shares Transfer Deal Champion Breweries Plc recorded more than 32% gain after the company ownership transfer deal. According to data from the Nigerian Exchange, the…
Tier-2 Banks’ Market Value Falls below N2 Trillion As banks leaders continue to designing plans on how to meet new capital deadline in less than two years, the stock market…
2026 World Cup: Super Eagles’ Qualification not Impossible — Adepoju Ex-International, Mutiu Adepoju says nothing is impossible, and Nigeria’s Super Eagles can still qualify for the 2026 World Cup with…
Efforts Underway to Tackle Airport Touts – Keyamo The Minister of Aviation and Aerospace Development, Festus Keyamo says the Federal Government is making efforts to tackle the menace of tours…