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...
By Dipo Olowookere The National Bureau of Statistics (NBS) on Tuesday said the inflation rate in Nigeria increased year-on-year to 11.85 percent in the month of...
**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 Nigerian oil futures traded higher on the first day of the week on the back of the trade deal between the United States...
By Adedapo Adesanya The first trading day of the new week closed flat on the floor of the NASD Over-the-Counter (OTC) Securities Exchange despite the weekly...
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 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 Debt Management Office (DMO) will on Wednesday, December 18, 2019, auction bonds worth N150 billion to investors at the local market. The...
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...