Markets

SEC mobilises special units to tackle N215bn unclaimed dividends

Business a.m. Emomotimi Agama, director general, Securities and Exchange Commission (SEC); Temi Popoola, group chief executive officer, Nigerian Exchange (NGX…

Nigeria records 5% boost in net foreign exchange inflows to $25.4bn in H1 2024

Business a.m. The Central Bank of Nigeria (CBN) has confirmed that the total net foreign exchange inflows into the country…

$6.4 trillion wiped off markets,Fed needs to cut now, plus Sept and Nov- deVere Group

Business a.m. With $6.4 trillion wiped off global stocks in three weeks, the Federal Reserve must cut rates now, and…

Banks. Will the rights issues succeed?

ANALYST INSIGHT: CORONATION Consider the lot of an investor in listed Nigerian bank shares. 2023 was a glorious year, with…

NGX posts N123bn profit in bullish start to trading week

Business a.m. The Nigerian Exchange (NGX) kicked off the new week and September with a bang, as investors gained a…

Stock market falters 2.33% as CBN hike weighs on investors’ sentiment

Onome Amuge The Nigerian stock market suffered a decline in the week ending Friday, July 26, 2024, driven by the…