24.2 C
Lagos
Monday, August 15, 2022
The money market activities remained generally upbeat throughout the week, despite an open market operations (OMO) auction for instruments worth N166.6 billion. The short and mid tenor instruments were under-subscribed with bids-offers settling at 0.15x and 0.03x respectively for the 93-day ( with N7.4 billion offered and subscription of N50.0...
Sell pressure drag market index Down 1.2% over the week
Debt sustainability risk: Weak revenue collection expands FG’s fiscal deficit
Nestle Nigeria on Thursday in Port Harcourt unveiled a new Maggi product called Maggi Signature in the South-South region of the country. Mr Dele Gbadeyan, Nestle Nigeria Sales Manager for Rivers Region, said during the launch that Maggi Signature was borne out of a research effort to satisfy customers.
Fidelity Bank Plc on Thursday announced gross earnings of N48.4 billion for the first quarter of the financial year 2019. According to the report, the gross earnings represented a growth of 11.8 per cent when compared with N43.3 billion achieved in the comparative period of 2018.
Oyo Assembly passes Family Planning Bill
Brent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns
First Bank of Nigeria has said that its efforts to deepen financial inclusion in Nigeria has grown its network of mobile money agents to over 22,000 agents.
The Nigerian Stock Exchange All Share Index (NSE ASI) and the market capitalization increased by 0.07%, while the Year-to-Date return stood at negative 4.81%.
VFD group has announced the appointment of Adewunmi Mobolaji as the new Executive Director, Finance for the group. The statement was made known by the Chief Executive Officer, Nonso Okpala. Okpala said; “I am delighted to announce the appointment of my friend, brother and business partner Adewumi Mobolaji as an...