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GCR Affirms Nova Merchant Bank Ratings with Stable Outlook
adminJune 28, 2024
GCR Affirms Nova Merchant Bank Ratings with Stable Outlook GCR Ratings has affirmed Nova Merchant Bank Limited’s national scale long and short-term ratings of BBB (NG) and A3(NG) respectively, with…Read More
MTN Nigeria Declines to N4.2Trn Ahead of Key Events
adminJune 28, 2024
MTN Nigeria Declines to N4.2Trn Ahead of Key Events MTN Nigeria Plc is relatively cheaper over selling spree that followed the telecom company unimpressive earnings performances in 2023, and first…Read More
Bonds Yield Steadies on Investors Apathy
adminJune 28, 2024
Bonds Yield Steadies on Investors Apathy Trading activities on Federal Government of Nigeria (FGN) bonds were steady in the secondary market due to sustained investors’ apathy. Nigerian bonds market has…Read More
Naira Crashes, Nigeria’s External Reserves Cross $34bn
adminJune 28, 2024
Naira Crashes, Nigeria’s External Reserves Cross $34bn The Nigerian naira struggled unsuccessfully across the foreign exchange markets on Thursday as spot FX rates worsened further despite growing external reserves. Exacerbated…Read More
Money Market Rates Rise as NTB Outflow Drags Liquidity
adminJune 28, 2024
Money Market Rates Rise as NTB Outflow Drags Liquidity Money market rates climbed again following decline in system liquidity after payment for Nigerian Treasury bills (NTB) primary market auction sold…Read More
Nigerian Exchange Grows by N6bn as Stocks Rally
adminJune 28, 2024
Nigerian Exchange Grows by N6bn as Stocks Rally The equities market capitalisation of the Nigerian Exchange (NGX) rose by more than N6 billion on Thursday as stocks rallied. Investors increase…Read More
Young Innovators Get $40,000 to Transform Agriculture in Nigeria
adminJune 28, 2024
Young Innovators Get $40,000 to Transform Agriculture in Nigeria The AYuTe Africa Challenge in Nigeria, an enterprise programme, has awarded 40,000 dollars in grants to three young agric-tech innovators to…Read More
Royal Exchange Rebrands to REX Insurance, as Sanwo-Olu Inaugurates Headquaters
adminJune 28, 2024
Royal Exchange Rebrands to REX Insurance, as Sanwo-Olu Inaugurates Headquaters Royal Exchange General Insurance Company Ltd. has changed its corporate identity to REX Insurance. The firm also inaugurated its refurbished…Read More
Reps to Investigate Renewable Energy Investments Performance
adminJune 28, 2024
Reps to Investigate Renewable Energy Investments Performance The House of Representatives says it plans to conduct a thorough investigation on the underperformance of investments in renewable energy. Rep. Afam Ogene,…Read More
Customs’ Kwara Area Command Generated N10bn in 5 Months —- Official
adminJune 28, 2024
Customs’ Kwara Area Command Generated N10bn in 5 Months —- Official The Kwara Command of Nigeria Customs Service generated more than 10 billion in five months to surpass the amount…Read More
Tinubu Unveils N50,000 Grant for 100,000 Families Per State In New Economic Programme
adminJune 28, 2024
President Bola Tinubu has approved the National Construction and Household Support Programme during the National Economic Council meeting on Thursday in Abuja. According to a statement issued by the presidential…Read More
‘I Was Paid N50,000′, Abuja Resident Caught With Bandits’ Ammunition Confesses
adminJune 28, 2024
The woman arrested with 550 Rounds of AK47 Ammunition earlier in the week has confessed that she was paid N50,000 per trip to deliver the ammunition to bandits in Katsina…Read More