The stock market yesterday commenced the trading week on a negative note as investors profit-taking in Nestle Nigeria Plc and 23 others dragged the Nigerian Exchange Limited All-Share Index (NGX ASI) lower by 0.03 per cent.
Specifically, as NGX ASI  lost 33.72 points or 0.03 per cent to close at 104,529.62 basis points. Also, market capitalisation shed N22 billion to close at N65.685 trillion. ..............Read-More

As the race for commercial banks' recapitalisation peaks and the global commerce landscape quakes in the face of the raging US-China tariff war, the Central Bank of Nigeria (CBN) has assured Nigerians not to panic as the local financial ecosystem remains stable with the banks operating within set prudential thresholds................Read-More

The Securities and Exchange Commission (SEC) has warned the public that it is illegal to use unregistered digital investment platforms, as concerns mount over the rising popularity of such platforms
This renewed stance by the Commission follows social media uproar surrounding the operations of CBEX, a digital asset platform currently under scrutiny for allegedly freezing customer withdrawals and offering returns ...too good to be true" .,.............Read-More

The Central Bank of Kenya and the National Treasury have given the green light for Nigerian lender Access Bank PLC to acquire the struggling National Bank of Kenya, marking a key step forward in the nearly year-long acquisition process.
The approval, announced on Monday, brings Access Bank closer to finalising its purchase of 100 percent of NBK's issued share capital"”a move expected to bolster its presence in East Africa's largest economy............Read-More

The dividend payout of Computer Warehouse Group more than doubled to 39 kobo at the end of the 2024 financial year as its profits rose by 428 per cent.
The dividend declared at the company's 20th Annual General Meeting held on Thursday in Lagos received commendation from shareholders.............Read-More