The Central Bank of Nigeria (CBN) absorbed a massive liquidity wave at Thursday's Open Market Operations (OMO) auction, underpinned by a ₦2.27 trillion maturity...
A significant curb on oil theft and vandalism of facilities which underpinned production has helped catapult Nigeria crude output to a six-year high as...
Wema Bank Plc Chief Executive Officer (CEO) Moruf Oseni has bought 3.09 million of the lender's shares, worth about N98.8 million. The purchase came...
CardinalStone Securities is keeping Buy ratings on four Tier-1 banks and six non-bank blue chips. The investment bank says the central bank's record interest-rate...
Nigerian Treasury bill yields fell to their lowest levels this year at the first auction after the central bank's surprise 350-basis-point rate cut. Investors...
Nigeria and the United States (U.S.) have signed a bilateral mining investment framework agreement aimed at unlocking American capital to develop Nigeria’s estimated $700...
GCR Ratings (GCR) has upgraded the national scale long-term and short-term issuer ratings of Dangote Industries Limited (DIL) to AAA(NG) and A1+(NG), respectively, from...
Domestic stockbroking firm CardinalStone Securities Limited maintained its rank as the top trading house on the Nigerian Exchange (NGX) by transaction value for the...
Airtel Money, the mobile-money arm of Airtel Africa Plc, has formally announced plans for an initial public offering on the London Stock Exchange's Main...
