By Dipo Olowookere Capital market operators in Nigeria have expressed divergent views on the plan by the Securities and Exchange Commission (SEC) to fragment the stock...
By Dipo Olowookere Application for the N15.4 billion rights issue of Nigeria’s largest and oldest business conglomerate, UAC of Nigeria (UACN) Plc, has closed. The exercise...
By Dipo Olowookere The price of the Brent crude oil rose sharply on Tuesday by 2.8 percent after news of a pipeline explosion hit the market....
By Dipo Olowookere There is last-minute rush by shareholders in the Nigerian capital market to register for free for the electronic dividend (e-dividend) payment system introduced...
**Pumps N2.2tr into 10 Banks By Dipo Olowookere Over 12,000 Non-Performing Loans (NPLs) from 22 banks worth N3.7 trillion have been acquired so far by the...
By Cowry Asset In the just concluded week, the local currency appreciated week-on-week at the I&E FX window by 0.04 percent to N360.82/$ while it closed...
By Dipo Olowookere Despite getting out of recession in the second quarter of this year, the Nigerian economy still remains vulnerable, the International Monetary Fund (IMF)...
By Dipo Olowookere The Nigerian Stock Exchange (NSE) closed for the week on Friday 0.45 percent higher ahead of the Christmas celebration next Monday. This growth...
By Dipo Olowookere The Central Bank of Nigeria (CBN) on Thursday mopped up excess liquidity in the system with the sale of treasury bills worth N355.4...
By Investors Hub Asian stocks ended mostly lower on Thursday as financial markets offered a muted reaction to the passage of major U.S. tax reform, which...