UBA grows profit by 40% in H1 2015
With the ratio of cost to income still high at 64 per cent, UBA Group Plc was able to improve…
NSE index sheds 1.6%, as Vono, TransExpress, Stanbic add weight
Equity trading on the Nigerian Stock Exchange closed south on Thursday as All share Index (ASI) dropped 477.09 basis points…
NSE index sheds 1.17%, as Dangote Sugar, Forte Oil, UACN, shed weight
Nigerian stocks on Wednesday September 2, took a reverse position from last three sessions’ positive push as the All Share…
Nigeria’s manufacturing Purchasing Managers’ Index drops to 49.2 in August
FBN Capital, the investment banking unit of FBN Holding has released its latest reading of manufacturing Purchasing Managers’ Index (PMI)…
Fears of single treasury account hit banking stocks
This is a challenging time for banking stocks in the Nigerian Stock Exchange as lead indicator fell by 1.86 per…
Adesina takes over as AfDB President, promises to focus on power
Dr. Akinwumi Adesina, Nigeria’s former Minister of Agriculture assumed office as the president of African Development Bank (AfDB) on Tuesday,…
NSE index up 3.02% as Caverton Offshore, Computer Warehouse shed weight
Trading on the Nigerian Stock Exchange (NSE) further appreciated Monday with the All Share Index jumping by 3.02 per cent…
Firstmonie partners MMIT to facilitate international payments
Firstmonie, the mobile money platform of First Bank of Nigeria Limited, has partnered with Mobile Media Info Tech Global Limited…
Facts behind Flour Mills’ H1 2015 results
With total assets turnover of Flour Mills Nigeria Plc (FMN) remaining low and debts to assets ratio on the high…
CBN commences disbursement of N338b to illiquid state governments
The Central Bank of Nigeria (CBN) is set to disburse N338 billion to cash illiquid state governments to enable them…