Senate approves Buhari’s N2.343trn external borrowing request
The Senate has approved President Muhammadu Buhari’s request for the authourisation of N2.343 trillion ($6.183 billion USD) as External Borrowing in the 2021 Appropriation Act. […]
Nigerian Stock Exchange
FG Auctions N150bn Bonds in May – DMO
The Debt Management Office(DMO) has announced that the Federal Government would offer N150bn bonds for subscription in May,2021. In a circular released on Tuesday, the […]
JAIZ Bank Declares N979.17m Profit for Q1, 2021
By Tony Obiechina, Abuja Financial result of Jaiz Bank Plc for the first quarter ended 31 March 2021 released to the Nigerian Stock Exchange, shows […]
NSE moves 250.92m shares worth N2.79bn in negative trading
The Nigerian Stock Exchange on Friday moved 250.92 million shares valued at N2.79 billion in 3,746 deals in a negative trading. The volume of shares […]
Dangote Cement excites shareholders with N16 dividend for 2020
Dangote Cement Plc on Tuesday released its audited reports for the financial year ended Dec. 31, 2020 and is proposing a dividend of N16 per […]
Dangote Cement to pay over N97bn in corporate tax for 2020
Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financial […]
DMO Raises N362.5bn Through Sukuk Initiative
By Tony Obiechina, Abuja The Debt Management Office (DMO) has listed its third Sovereign Sukuk “N162.557 BILLION 7-YEAR 11.200% AL IJARAH SOVEREIGN SUKUK DUE 2027” […]
Nigerian stock market extends loss by 0.40%
The nation’s bourse extended negative trend for the third consecutive trading session following sell pressure on Nigerian Breweries, Dangote Sugar Refinery and tier-1 banks. The […]
Profit taking persists on NSE, index returns to 39,000 mark
The market capitalisation of Nigerian Stock Exchange on Friday lost N155 billion amid increased profit taking. Speficially, the capitalisation, which opened at N20.978 trillion lost […]
Nigeria stock market advances further by N214bn
The nation’s bourse extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips. Specifically. […]