BEVERLY HILLS, February 14, (THEWILL) - Amid flourishing outlook of Nigeria’s equity market which earned it the best performing Stock Exchange in the world as at 2020, the nation’s bourse hosted a bunch of dormant equities worth over N395...
BEVERLY HILLS, February 14, (THEWILL) - The Nigerian government says it will convert the N10 trillion loans it owes the Central Bank of Nigeria (CBN) into a 30-year bond.
The ‘indebtedness’ to the CBN was largely by Ways and Means advances...
BEVERLY HILLS, February 14, (THEWILL) - The Securities and Exchange Commission (SEC) has reversed its stand on cryptocurrency and related products, saying it now supports the Central Bank of Nigeria (CBN) which had ordered banks to terminate all accounts connected...
BEVERLY HILLS, February 05, (THEWILL) - The Central Bank of Nigeria (CBN) has, again, warned against any dealings in cryptocurrencies declaring such transactions as prohibited.
This is coming on the heels of similar policy action by the Indian government banning...
- Naira Depreciates To N397.63/USD On I&E FX Window
The Nigerian Stock Exchange (NSE) extended Wednesday’s bearish trend to Thursday, February 4, posting a loss of N112.05 billion due mainly to the absence of significant activities in the major and...
- Naira Stands N395.50/USD At I&E Window
Equities market closed on Wednesday in the negative territory with NSE-ASI depreciating by -0.1 per cent to close at 42,000.01 basis points (bsp), as against -0.74 per cent depreciation recorded on Tuesday at...
- Naira Drops 0.25% At I&E Window
BEVERLY HILLS, February 02, (THEWILL) - The Nigerian Stock Exchange (NSE) closed negative at the end of the second trading day in February with the NSE-All Share Index declining by 0.74 per cent...
- Naira Gains 0.05% On I&E Window
Activity chart of the Nigerian Stock Exchange (NSE) for the last trading session of the month, Friday January 29, showed Zenith Bank atop Most-Traded stocks with a total value of N1.2 trillion and...
- Amid Shrink In Building Works
BEVERLY HILLS, January 29, (THEWILL) - Construction giant, Julius Berger Nigeria Plc, recorded the lowest profit in six years as at December 31, 2020 – no thanks to the shrink in building and construction works...
BEVERLY HILLS, January 26, (THEWILL) - Nigeria’s Monetary Policy Committee (MPC) meeting that held on the 25th and 26th of January has just been concluded with a decision to hold all policy parameters constant as follows;
1. Retain the MPR at...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.