Capital Market

By FEMI ADESINAI am borrowing the title of a 1975 book by Nkem Nwankwo to express my thoughts today. Published by Heinemann African Writers Series, it is the story of postcolonial Nigerian society, and the social climbing that attended it.…

Shoprite Nigeria has debunked the report making the rounds that it intends to exit from Nigeria. The Country Director for Chastex Consult, Ini Archibong, in a telephone conversation said: “Shoprite is not leaving Nigeria. “We…

Razaq Bamidele Two Non-Governmental Organizations, Yoruba Radical Assembly (YRA), and Campaign for Dignity in Governance (CDG), have expressed concerns over the low compliance with the preventive measures put together by the…

Anthony Iwuoma The Federal Government is mulling over whether to reduce the pump price of fuel in the country. Minister of State for Petroleum Resources, Timipre Sylva, told newsmen in Abuja on Friday, that this was due to the drop…

The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around. The CBN made this known in a statement by the bank’s Director, Corporate Communications, Mr Isaac Okorafor in Abuja on…

Two of Nigeria’s leading financial institutions, Access Bank Plc and Union Bank Nigeria Plc have both reported positive growths in their full-year 2019 audited results sent to the Nigerian Stock Exchange, NSE. Access Bank Plc declared a…

Babajide Okeowo The Nigerian Stock Exchange, NSE has announced a strategic partnership with the International Finance Corporation, IFC on the Nigeria2Equal Initiative towards reducing employment and entrepreneurship gaps in Nigeria…

Mr Isola Akingbade, Coordinator, Federal Inland Revenue Service (FIRS) in Ondo, Ekiti and Kwara, says the 2020 Finance Act will address all the issues relating to tax multiplicity in Nigeria. Akingbade made the remarks at the…

The Nigerian Stock Exchange has revealed that its pursuit of demutualisation is to develop a more agile Exchange that is better able to support the economic growth of Nigeria while equipping the exchange to diversify its operations and…

The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the sector. The bank’s Director, Corporate Communications Department, Mr. Isaac Okorafor…