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- Written by Enehua Ojiah
The stock market closed on a bearish note on Tuesday as market capitalization dropped by N25 billion or 0.09 percent to close at N28.656 trillion, compared with N28.681 trillion recorded on Monday.
The stock market closed on a bearish note on Tuesday as market capitalization dropped by N25 billion or 0.09 percent to close at N28.656 trillion, compared with N28.681 trillion recorded on Monday.
Less than seven days to the deadline of the redesigned naira by the Central Bank of Nigeria (CBN), some Point-of-Sale (POS) operators in Bauchi have increased charge for transaction in the old bank notes.
CBN governor, Mr Godwin Emefiele, says the total revenue collected as stamp duty in six years between 2016 and 2022 is N370,686 billion.
The Central Bank Governor, Mr. Godwin Emefiele, has called on commercial banks to approach the apex bank branches across the country to pick up the new naira notes.
First Bank of Nigeria Ltd has said it will hold its 2023 Nigeria Economic Outlook webinar to deliberate on national and global trends that will shape the economic landscape in the new fiscal year.
The naira on Wednesday exchanged at 461.25 to the dollar at the Investors and Exporters window.
Access Holdings Plc is targeting to be one of the top five banks with African heritage on the continent with 100 million retail customers by 2027.
Bilateral relations and trade between Israel and Nigeria will rise with the commencement of direct flights between the two countries from March, according Isreali authorities.
The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for the month of December 2022.
Trading activities on the floor of the Nigerian Exchange Ltd. (NGX) closed on a negative note as market capitalisation was down by N90 billion or 0.31 per cent to close at N28.512 trillion from N28.602 trillion at the previous trading.
The Federal Government has assured that Nigeria’s mini-bid round will boost global energy sufficiency in the long run.
The Nigeria LNG Ltd. says its plant on Bonny Island is still active despite a force majeure declared in October 2022 and feed gas supply challenges.
The nation’s bourse rebounded on Wednesday with market capitalization gaining N154 billion or 0.55 percent to close at N28.175 trillion as against N28.021 trillion recorded on Tuesday.