09
OctThe Central Bank of Nigeria (CBN) has reassured the public of its unwavering commitment to ensuring the stability and reliability of the Nigerian financial system. The CBN recognizes the crucial role that confidence plays in banking operations and affirms that all deposits in Nigerian banks are secure. In a circular published on the CBN website, the apex […]
07
OctMeCure Industries Plc has successfully finalized the acquisition of a 10% equity stake in the company by Zrosk Investment Management Ltd. The transaction, conducted off-market, received approval from the Nigerian Exchange Group (NGX). This strategic investment represents a significant milestone for MeCure Industries as it strengthens its capital base and accelerates its growth trajectory. The partnership with[…]
07
OctThe Nigerian stock marketlast week declined by 0.95% as Dangote Cement, MTN Nigeria, BUA Cement and other 30 stocks shed weights. The All Share Index and Market capitalization declined by 0.95% to settle at 97,520.54 and N56.039 trillion respectively. An aggregate of 2.87 billion units of shares were traded in 39,865 deals, valued at N132.8 billion. The[…]
