FBN Holdings Plc, parent company of First Bank Nig. Ltd has notified the Nigerian Exchange and investing public of changes in the Group’s management team. FBN Holdings Plc, parent company of First Bank Nig. Ltd has notified the Nigerian Exchange and investing public of changes in the Group’s management team. The Group, disclosed this through […]
The European Central Bank (ECB) announced 30 senior members of the Market Advisory Group who will be in charge of the digital euro project creation. The Eurosystem’s High-Level Task Force on Central Bank Digital Currency called for expressions of interest already on July 14, following the Governing Council’s approval of the digital euro project investigation […]
The newly incorporated Nigeria National Petroleum Company (NNPC) has received the presidential approval to reconstruct the collapsed Lagos- Badagry expressway, as well as 20 other federal roads spread across the six geopolitical zones of the country. The approval was given on Wednesday at the weekly virtual Federal Executive Council (FEC) meeting presided over by Vice-President […]
Trading on the Nigerian stock market returned to bearish territory on Wednesday 27th October 2021, with market capitalisation dropping by N13 billion due to profit taking in FBN Holdings (FBNH). Specifically, the market capitalisation which opened at N21.821 trillion dropped by N13 billion or 0.06 per cent to close at N21.808 trillion. Also, the All-Share […]
The Economic and Financial Crimes Commission (EFCC) has presented a budget of N31, 350, 512, 836 to the National Assembly for its operations in 2022. The figure represents a slight improvement over the N29, 575,694,747.46 appropriated for the Commission in 2021. This was disclosed by the anti-graft agency in a statement issued on Tuesday, October 26, 2021.
A red-letter day for the Nigerian Exchange Group (NGX), as shares of the entity are set to be listed on the main board of the NGX. This would be the last major step of the demutualization process, a process that has been in play for the best part of the last decade. How it traded […]
The bears resurfaced on the nation’s bourse on Thursday, halting gains posted in the last three trading sessions due to profit taking. Specifically, the All-Share Index dipped 31.44 points or 0.18 per cent to close at 38,469.87 from 38,501.31 achieved on Wednesday. Similarly, the market capitalisation lost N27 billion or 0.13 per cent to close […]
Seplat Energy Plc, a leading Nigerian energy company dual-listed on The Nigerian Exchange and London Stock Exchange, will host a capital markets event at the London Stock Exchange in London for analysts and investors on Thursday 29th of July at 15:00 London Time. According to a notice made available on the website of the Nigerian Exchange […]