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06

Apr
Finance Services

Stock market gains N48bn as NGXASI closes higher by 0.19%

The Nigerian stock market on Tuesday closed higher as the All Share Index appreciated by 0.19% to settle at 46,777.37 points from the previous close of 46,687.85 points. The Market Capitalisation grew by 0.19% to close at N25.218 trillion from the previous close of N25.170 trillion, thereby gaining N105 billion. […]

05

Apr
Finance Services

MTN Nigeria proposes issuance of N150bn Commercial Paper

MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its N150 billion Commercial Paper Programme. The Company proposed the issuance of Series 1&2 Commercial Paper of up to N150 billion. The issuance is part of the Company’s strategy to diversify its financing options, with the[…]

05

Apr
Finance Services

CBN warns against dealing with Illegal Financial Operators

The Central Bank of Nigeria through the Financial Services Regulation Coordinating Committee (FSRCC) has drawn the attention of the general public to the worrisome increase in the activities of the Illegal Financial Operators (IFOs) which portends grave risk to public confidence and the stability of the Nigerian Financial System. The[…]

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