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Stakeholders in the mining sector have decried the lack of proper consultation before new mining rates were
The Securities and Exchange Commission (SEC), in collaboration with the African Development Bank (AfDB), is
Novak Djokovic’s bid for a record 25th Grand Slam title lay in ruins on Sunday after a demolition job by Carlos Alcaraz in the Wimbledon final.
Interest Rate on Nigerian Treasury Bills Rises to 21.24%
The Nigerian naira depreciated further in the official currency market, down by 3.59% to N1,563.80 per US dollar despite foreign currency (FX) sales intervention by the apex bank last week.
FBN Holdings market value has plunged by about 50% below its peak market value reached when Femi Otedola and Oba Otudeko ramped up the financial group company shares on the Nigerian Exchange.
Cadbury Nigeria Plc’s market valuation surged by about 10% as investors’ sentiment on fast moving consumer goods (FMCG) players stock improved in the domestic market.
Pension Fund Administrators (PFAs) parked 63% of pension assets in federal governPension Fund Administrators (PFAs) parked 63% of pension assets in federal government debt securities as assets under management climbed to N20.2 trillion in May.ment debt securities as assets under management climbed to N20.2 trillion in May.
The short-term benchmark interest rates in the money market declined in the absence of significant pressure on liquidity levels in the financial system. According to data from FMDQ, the repo rate declined by 14 basis points to 31.61% on Friday, while the overnight lending rate dipped by 15 basis points to 32.45%.
Geregu Power Plc posted about 149% year-on-year growth in profitability in the first half of 2024, according to details from its unaudited financial statement for 2024 submitted to the Nigerian Exchange.
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