The entrepreneurship landscape in Nigeria is very different from what it used to be a decade ago. More young people are building phenomenal businesses that are solving societal problems and creating more jobs for people in the process. John Oluranti Oke is one of such persons. A Computer Science graduate from the University of Ilorin, […]
The bears returned to the local bourse yesterday pulling, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 0.19 per cent to close at 40,494.35. The market had opened for the week on positive note after two weeks of decline, raising hopes that the bargain hunting could be sustained. However, sell-offs in Stanbic IBTC […]
Justice Nicholas Oweibo of the Federal High Court, Lagos, has ordered the interim attachment of all monies belonging to Forte Oil Plc and Veritas Registrars Limited in 21 banks in Nigeria over alleged N464 million debt. The court also ordered the banks to jointly or severally appear before it to show cause why they shall […]
Nine years after the Central Bank of Nigeria (CBN) rolled out the cashless banking scheme, many people have come to realise its gains, writes COLLINS NWEZE . As the coronavirus (COVID-19) pandemic rages, bank customers are also thinking of their health safety while carrying out their transactions. That is where cashless banking comes to mind. […]
By Taofik Salako, Deputy Group Business Editor The Nigerian Stock Exchange (NSE) has removed 17 companies from its market-gauging indices to ensure that the indices fully reflect the market situation and the underlying fundamentals they represent. At the end of the annual full-year market index review, the NSE removed 17 companies from seven indices while […]
The Nigerian Stock Exchange (NSE) has made its annual full year review of the market indices which includes: the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index and the five sectoral indices comprising the NSE Banking, NSE Insurance, NSE […]
The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]
The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]
The Nigerian Stock Exchange (NSE), the premier sustainable exchange servicing Africa’s largest economy, has announced the results of its annual full year market index review for the following indices – the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index; […]
GAC Motor, a Fortune 500 vehicle maker, has entered a partnership with four banks and an insurance company to introduce a ‘Drive Now, Pay Later’ scheme for Nigerians. The partnering companies are Wema Bank, Access Bank, Ecobank Transnational Plc, Globus Bank, and Sunu Assurance. The automaker said the scheme will give Nigerians the opportunity to […]
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