NNPC Records ₦141.96 Billion Trading Surplus
NNPC Records ₦141.96 Billion Trading Surplus The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of ₦141.96 billion recorded in June 2021, compared to a deficit of…
9mobile to Register 10m People for National Identification
9mobile to Register 10m People for National Identification 9Mobile, one of the nation’s leading telecommunication services providers, says it has the mandate to register no fewer than 10 million people…
Jimoh Ibrahim Loses Appeal Against AMCON over N69.4bn Debt
Jimoh Ibrahim Loses Appeal Against AMCON over N69.4bn Debt The Court of Appeal Lagos Division has dismissed an appeal by the Chairman of Global Fleet Group, Barrister Jimoh Ibrahim, challenging…
U.S Inflation Accelerates Near 40-Year High
U.S Inflation Accelerates Near 40-Year High Record breakers…US headline inflation has risen 0.8% month on month, leaving the annual rate at 6.8%, the highest since March 1982. Core (ex-food and…
Bonds Cleared Lower as Yields on Treasury, OMO Bills Steady
Bonds Cleared Lower as Yields on Treasury, OMO Bills Steady Average yields on Treasury and Open Market Operations bills remained unchanged amidst cold and quiet trading activities in the secondary…
NGX Gains N103bn as Investors Buying Interest Improves
NGX Gains N103bn as Investors Buying Interest Improves The Nigerian Exchange (NGX) gains more than N103 billion on Friday as equity investors buying interest improves. After selling rallies experienced on…
Naira Fails to Retain Value Despite CBN Support
Naira Fails to Retain Value Despite CBN Support Naira, the Nigerian local currency, struggles unsuccessfully to maintain a stand against the United States dollar at the investors and exporters foreign…
FirstBank Launches Transact and Win Promo
FirstBank Launches Transact and Win Promo Users of Firstmonie Wallet, the mobile-friendly wallet application by FirstBank are in for an exciting time as they are being rewarded for their continued…
NASD OTC Ends Negative as Niger Delta Exploration, NIPCO Shed Weight
NASD OTC Ends Negative as Niger Delta Exploration, NIPCO Shed Weight Shares of unquoted public companies transacted via the National Association of Securities Dealers over-the-counter (NASD OTC) dropped off last…
Jaiz Bank Credit Quality Falls over High Concentration, Financing Weakness
Jaiz Bank Credit Quality Falls over High Concentration, Financing Weakness Fitch Ratings has assigned Nigeria-based Jaiz Bank a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a stable outlook and…