Business

The Nigerian bourse extended its bearish run on Monday with crucial indicators recording 0.08 per cent loss.Specifically, the market capitalisation dipped N17 billion or 0.08 per cent to close at N21.008 trillion…

The Group Managing Director of Dangote Industries Limited, Olakunle Alake has hinged success of business organisations on the adoption and implementation of effective stakeholders’ management strategies.Speaking on ‘Stakeholder…

The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to collaborate and conduct research with a view to finding ways of regulating the Cryptocurrency market. They said this at a virtual…

Bearish sentiments persisted on the Nigerian Stock Exchange (NSE) on Thursday following sell pressure on MTNN, Guaranty Trust Bank and Zenith Bank shares. Consequently, All-Share Index dropped by 253.13 or 0.63 per cent to…

Businesses collect feedback from customers to ensure their products and services are up to scratch. The same method is used for employee surveys, and the results also contribute to the bottom line. Here is an alternative look at standard…

Dangote Industries Limited has debunked claims of a fraudulent scheme circulating on social media titled, “2021 Dangote Empowerment”, purported to be approved by the Aliko Dangote Foundation (ADF).The company in a statement…

Investors and viewers of the Nigerian Television Authority (NTA) stations will now be able to see the daily price information of securities trading on the Nigerian Stock Exchange (NSE).The NSE Chief Executive…

The World Bank, FMDQ and other stakeholders in the financial space say tackling climate change impact in Africa will engender sustainable economic growth.The stakeholders spoke at the second webinar series of the…

Twitter CEO, Jack Dorsey has partnered with Jay Z on a new endowment to fund Bitcoin development starting in Africa and India.Jack Dorsey tweeted that he and Jay Z gave 500 bitcoins, roughly worth $24 million as of Friday, to an…

The Forex market, which is also referred to as foreign exchange or FX, can be compared to traditional markets. However, the Forex market is a decentralized global market and instead of goods, national currencies are traded here. Because of…

Facebook reportedly has a team working on a new project that aims to replicate one of the latest social apps known as Clubhouse.Clubhouse is an audio-chat iOS app which is currently invite-only. The app went viral after Elon Musk had a…

Do you want to start trading but don’t know where to begin? The first step is to determine your trading profile, so that you can choose a trading platform that meets your needs and allows you to implement your trading strategy in the best…

9mobile, a  telecommunication company on Saturday says it has  launched its 4G Long-Term Evolution (LTE) network in the city of Ilorin.9mobile made this known in a statement made available to the News Agency of Nigeria (NAN)…

The Governor of Central Bank (CBN) Governor, Mr Godwin Emefiele, says that the bank will partner government and relevant private sector organisations to provide modern facilities in the heath sector and sponsor research on…

The United Bank for Africa (UBA) on Friday received a parcel of land to construct a permanent site at the university of Lagos after over 30 years of operation from a makeshift building.The plot donated by the University of…

Some capital market shareholders have tasked the Nigerian Stock Exchange (NSE) to ensure transparency and inclusive participation in its demutualisation process.They disclosed this in an interview with the News Agency of…

A legal practitioner, Mr Ifeanyi Mamah, has petitioned the Economic and Financial Crimes Commission (EFCC) and the Attorney General of the Federation (AGF) over alleged fraud by an online ponzi scheme known as MyBONUS.Mamah,…

The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks. Consequently, the market capitalisation…

An insurance company, AIICO Insurance Plc, says it recorded a Gross Premium of N62.0 billion for its financial period ended Dec. 31, 2020.The insurer said this in a statement released on the floor of the Nigerian…

It is important to understand the difference between investors and traders in the stock market. Technically, not all those who buy and sell stocks are stock traders. You can either be a trader or an investor and this will depend on how…

FBN Holdings Plc has announced the appointments of Mr Seni Adetu and Mrs Juliet Anammah as Independent Non-Executive Directors.The company also appointed Mr Otu Hughes as a Non-Executive Director.Dr Oba Otudeko,…

The Nigerian Stock Exchange (NSE) market capitalisation on Thursday crossed above N22 trillion mark as a result of price appreciation posted by some blue chips.Accordingly, the market capitalisation inched higher by N125…