Business

Naira exchanges N1,483/$ at official market

The naira, on Friday, June 7, 2024, recorded a loss at the official market, trading at N1,483.99 to the dollar.…

2 years ago

Stock market capitalisation gains N15.25trn

The Nigerian Exchange Limited (NGX) market capitalisation has gained N15.25 trillion in value in the first five months of the…

2 years ago

NNPCL subsidiary NETCO records 137% increase in operating profit

The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), has announced a…

2 years ago

Equity market rebounds as investors gain N132bn

The performance indicators of the stock market rebounded by 0.24 per cent on Wednesday, June 5, 2024. The market capitalisation…

2 years ago

Liquidation: Heritage Bank customers throng head office for payment

Customers of the liquidated Heritage Bank Plc. gathered at the bank’s headquarters in Lagos on Wednesday, June 5, 2024 to…

2 years ago

MD: NDIC’ll repay Heritage Bank customers in one week

The Nigeria Deposit Insurance Corporation (NDIC) says it will begin payment of the insured sum to 2.3 million depositors of…

2 years ago

Again, investors lose N38bn at stock market

Sell-offs in Tier-one banking stocks on Tuesday, June 4, 2024, extended losses on the Nigerian Exchange Limited (NGX) stock market…

2 years ago

Naira drops at official market, exchanges N1,476/$

The naira, on Tuesday, June 4, 2024, recorded a loss at the official market, trading at N1,476.95 to the dollar.…

2 years ago

CBN: We’ve no plans to revoke Unity, Polaris, Keystone banks’ licences

The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity Bank, Polaris Bank,…

2 years ago

Nigerian Breweries acquires Distell

Nigerian Breweries Plc has completed the acquisition of a majority stake (80 per cent) in Distell Wines and Spirits Nigeria…

2 years ago

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