Business

Stock market records N677bn gain

The Nigerian stock market continued on a bullish trend on Thursday, June 19, 2025, gaining N677 billion. The market capitalisation…

1 year ago

BNY Mellon, Standard Bank to felicitate access to Nigerian naira debt

Bank of New York Mellon Corporation, in collaboration with Standard Bank Group Limited, has launched global depositary notes backed by…

1 year ago

Zenith Bank to exit CBN’s regulatory forbearance, assures continued dividend payout

Zenith Bank Plc has assured shareholders and investors of its readiness to satisfy all relevant conditions to exit the Central…

1 year ago

Stock market investors gain N1.18trn

The Nigerian stock market rebounded on Wednesday, June 18, 2025, as investors gained N1.184 trillion. The market capitalisation rose by…

1 year ago

FAAC: FG, States, LGs share N1.659trn May revenue

The Federation Account Allocation Committee (FAAC) shared N1.659 trillion to the federal government, states, and the local government councils in…

1 year ago

Wilmar acquires full ownership of PZ Cussons in $70m deal

In a significant development within Nigeria’s consumer goods sector, Wilmar International Limited has agreed to acquire PZ Cussons Plc’s 50%…

1 year ago

GTBank begins USSD fee deduction from Customers’ airtime

Guaranty Trust Bank (GTBank) has commenced the deduction of Unstructured Supplementary Service Data (USSD) fee from the airtime balance of…

1 year ago

Fraud: First Bank invests N15bn to protect systems from hackers

First Bank Plc says it has spent more than N15 billion to protect its systems against criminals between January and June…

1 year ago

CBN begins steps to strengthen banking sector, issues routine transitional guidance

As part of efforts to strengthen the banking sector, the Central Bank of Nigeria (CBN) has introduced time-bound measures for…

1 year ago

Stock market investors lose N183bn

The Nigerian stock market extended its losses on Tuesday, June 17, 2025, with investors recording a decline of N183 billion…

1 year ago

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