Why investors will be wary of putting money into Nigeria
Virág Fórizs The reported (but unconfirmed) devaluation of one of Nigeria’s exchange rates would help to improve the public finances, but it
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Ardova posts 47.45% drop in annual profit
Ardova Plc, formerly Forte Oil Plc, has reported a 47.45 percent drop in its profit after tax for the 2020
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Nigerian Breweries mourns death of board member
Nigerian Breweries Plc has notified the Nigerian Stock Exchange and the investing public of the demise of a member of
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Receive $1 from abroad, get N5 extra, CBN tells Nigerians
The Central Bank of Nigeria has introduced a new scheme that will see recipients of diaspora remittances get N5 extra
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Nigeria’s forex reserves fall below $35bn despite oil rally
Nigeria’s foreign exchange reserves have fallen below $35 billion to the lowest point in more than two months, despite the
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FMDQ Exchange registers Fidson Healthcare’s N10bn commercial paper
FMDQ Securities Exchange Limited, a wholly-owned subsidiary of FMDQ Holdings Plc, has approved the registration of the Fidson Healthcare Plc N10.00
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Ponzi schemes threaten investor protection, says SEC
The Securities and Exchange Commission has said the continued activities of Ponzi schemes are a threat to the protection of
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Africa Prudential’s annual profit falls to N1.45bn
Africa Prudential Plc, a share registration service provider, has posted a profit after tax of N1.45 billion for the 2020
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Naira sinks at I&E window as forex reserves shed $1.1bn
The Nigerian currency weakened further against the dollar at the investors’ and exporters’ window on Tuesday as the country’s foreign
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Real estate firm, UPDC, posts N605.92m annual loss
UACN Property Development Company Plc, a Nigerian real estate firm, has reported a loss of N605.92 million for the 2020
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