FX market liquidity drops as traders shun derivatives: FMDQ data
Liquidity in the Nigerian foreign exchange market dropped 7.66 percent this week as traders steered clear of derivatives including forwards
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Aradel pares stock losses, still trades below listing price
Aradel Holdings Plc, an indigenous oil and gas company, has reversed some of its recent losses on the Nigerian stock
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UBA, FBNH comeback lifts trillion-naira valuation club membership to record high
The United Bank for Africa and FBN Holdings, the parent of First Bank of Nigeria, are the latest entities to
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Oando explains financials delay amid second trading suspension in 2024
Oando, an indigenous energy group, has attributed the delay of the publication of its 2023 audited financial statements to “the
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Paint maker CAP triples quarterly profit to N1.3bn
Chemical and Allied Products Plc, a paints and coatings company in Nigeria, saw its profit before tax surge more than
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Binance still bullish on Nigeria after eight-month detention of executive
Richard Teng, chief executive officer of Binance, said on Thursday that the world’s largest cryptocurrency exchange is keen to play
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3 dead, 5 missing as helicopter hired by NNPC crashes
The Nigerian National Petroleum Company said on Wednesday that it lost contact with the helicopter it engaged that took off
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Aradel pushes ahead with Shell asset purchase blocked by regulator
Aradel Holdings Plc, part of the consortium poised to acquire Shell’s onshore subsidiary in Nigeria, says it will continue to
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Transcorp Hotels, Oando rejoin trillion-naira valuation club
Transcorp Hotels and Oando returned to the club of listed companies with a market value of at least N1 trillion
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Foreign inflow data shows Nigerian stocks losing lustre
Nigerian stocks saw the lowest foreign inflow in more than a year last month, even as investors dumped more equities
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