Economy - Page 1345

NGX Group’s Q1 2024 Net Profit Soars by 332% to N1.3bn

May 3, 2024

By Aduragbemi Omiyale In the first quarter of 2024, the Nigerian Exchange (NGX) Group Plc recorded an impressive performance, with the post-tax profit surging

Economy

Fitch Affirms Stanbic IBTC Bank at ‘AAA(nga)’

December 6, 2018

Modupe Gbadeyanka

Fitch Ratings has affirmed the National Ratings of Stanbic IBTC Bank PLC and its non-operating holding company, Stanbic IBTC Holding Company PLC, both at

Economy

CBN Sells $210m to Ease to Pressure on Naira

December 6, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The sum of $210 million was on Tuesday injected into the foreign exchange (forex) market by the Central Bank of Nigeria

Economy

CBN Sustains Aggressive OMO Auction, Mops up Fresh N92b

December 6, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka For the third consecutive time this week and the fifth time in a row, the Central Bank of Nigeria (CBN) floated

Economy

Vitafoam Board Meets December 18

December 5, 2018

Dipo Olowookere

By Dipo Olowookere A meeting of the board of directors of Vitafoam Nigeria Plc is scheduled to take place on Tuesday, December 18, 2018,

Economy

Mutual Funds Can Create Wealth, Fund Critical Infrastructure

December 5, 2018

Modupe Gbadeyanka

By FSDH Research FSDH Research’s analysis shows that mutual fund investment can create wealth for investors and that funds pooled together can be used

Economy

Nigerian Stock Market Indices Close 0.68% Higher

December 5, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Transactions on the floor of the Nigerian Stock Exchange (NSE) closed 0.68 percent higher on Tuesday as a result of renewed

Economy

Again, Investors Snub 3-month T-Bills at OMO Auction

December 5, 2018

Dipo Olowookere

By Dipo Olowookere The Central Bank of Nigeria (CBN) on Tuesday conducted the fourth consecutive OMO auction in an effort to mop up excess

Economy

Asian Shares Close Lower on Tuesday

December 4, 2018

Dipo Olowookere

By Investors Hub Asian stocks closed mostly lower on Tuesday as the initial euphoria over the U.S.-China truce on import tariffs subsided and investors