MARKET
Nigerian Banks Tackle Dividend Dilemma Amid Capital Pressures
Recent dividend announcements from major Nigerian banks have shed light on the delicate balancing act between shareholder returns and the...
Nigerian Stocks Slide as Sell-Offs Hit Major Companies
Nigeria's stock market witnessed a decline on Wednesday, shedding N673 billion in market capitalization. This downturn was driven by heavy...
Nigeria’s Treasury Bills Auction Draws Strong Market Interest
The Central Bank of Nigeria (CBN) has announced the results of its recent treasury bills (T-Bills) auction held on April...
Nigeria Confronts Dollar Shortage Crisis
The Central Bank of Nigeria (CBN) has released alarming data showcasing the severity of the dollar supply shortage as the...
Oando Plc Faces Financial Turmoil in FY 2022
Oando Plc, a prominent Nigerian energy company listed on both the Nigerian Exchange (NGX) and the Johannesburg Stock Exchange (JSE),...
SEC Advances Market Oversight and Efficiency Efforts
In a bid to address longstanding challenges associated with market infractions, the Securities and Exchange Commission (SEC) has reported substantial...
SEC and CBN Collaborate for Banking Recapitalization
The Securities and Exchange Commission (SEC) has announced its collaboration with the Central Bank of Nigeria (CBN) and other relevant...
Nigerian Banks Primed for Robust Dividend Disbursements
In a recent report by Ernst and Young Global Limited (EY), a leading tax and advisory services firm, Nigerian banks...
LCCI Urges Forex Market Discipline for Naira’s Stability
The Lagos Chamber of Commerce and Industry (LCCI) has highlighted the imperative of maintaining discipline in the foreign exchange market...
NGX Ends Trading on Sour Note, Losing N1.11 Trillion
Trading activities on the Nigerian Exchange Ltd. (NGX) concluded on a sour note this Tuesday, witnessing a substantial downturn as...
