By Emmanuel C Agubuo The stock market is a device for transferring wealth from the impatient (pessimistic and fearful investor) to the patient (intelligent and daring...
**Says GTBank, Zenith Bank Strong to Withstand Shocks By Modupe Gbadeyanka Moody’s Investors Service has announced the downward review of the outlook of Sterling Bank Plc...
By Dipo Olowookere The Central Bank of Nigeria (CBN) on Monday announced a surprise sale of treasury bills through the Open Market Operations (OMO). The apex...
By Adedapo Adesanya The Naira depreciated against the US Dollar at the official window of the Central Bank of Nigeria (CBN), otherwise known as the interbank...
By Adedapo Adesanya Last week, which was the 50th trading week on the NASD Over-the-Counter (OTC) Securities Exchange, ended positive with the market capitalisation rising to...
By Adedapo Adesanya The Department of Petroleum Resources (DPR) has said that it was ready to help deliver the federal government’s strategic mandate for the Nigerian...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has created a new category of Bank Verification Numbers (BVNs) known as BVN Lite, saying this would...
By Modupe Gbadeyanka The N2.09 billion rights issue floated by Sovereign Trust Insurance Plc few months ago recorded 72.50 percent subscription, the company has announced. The...
By Walter Duru, Ph.D Two weeks ago, the National Bureau of Statistics (NBS) released its report on the State of Corruption in Nigeria, in which it...
By Dipo Olowookere British conglomerate, PZ Cussons Plc, last Thursday said the closure of land borders by the Nigerian authorities was already impacting negatively on its...
