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For traders at the Nigerian Stock Exchange, the third business week in May kicked off recently with more profit-taking by investors, hence leading to a 0.84 per cent or 344.7 basis points in the All Share Index (ASI) which close at 40,677.61 points.
The Osun State Government has described as ‘false, baseless and unfounded’ the allegation of wasteful spending levelled against the administration of Governor Rauf Aregbesola by the opposition party, the PDP last week.
The Nigerian Stock Exchange has fined seven financial institutions for not filing their financial results before the regulatory due date.
The Kaduna State Government and Sterling Bank have agreed to jointly fund a N5 billion mortgage scheme to allow more persons own homes in the state.
The Kwara State House of Assembly on Tuesday stepped down the request of Gov. Abdulfatah Ahmed seeking to access another N1 billion agriculture loan from Sterling Bank for disbursement to poultry and fish farmers in the state.
Transactions on the Nigerian Stock Exchange (NSE) on Wednesday extended downward trend with the All-Share Index losing 441.16 points in one trading day.
Sterling Bank Plc has taken its financial inclusion drive to the next level with the training of over 20,000 secondary school students nationwide, to mark the 2018 edition of the Financial Literacy Day.
The house of representatives has resolved to investigate the alleged diversion of N2 billion and $3.8 million interests on the proceeds of the sale of Power Holding Company of Nigeria (PHCN).
The Nigerian Stock Exchange market indicators on Tuesday sustained growth for the second trading day, growing by 0.22 per cent.
The House of Representatives is to investigate the alleged loss of two billion naira and 3.8 million dollars through banks’ non-payment of interests on the proceeds of the sale of PHCN successor companies.
The SBG Securities (Pty) Limited of South Africa, a wholly owned subsidiary of the Standard Bank Group, has projected that about nine commercial banks in Nigeria would be able to pay dividends this year, despite the adjustment to the dividend payout policy issued by the Central Bank of Nigeria (CBN) recently.
The Federal High Court in Ibadan on Tuesday overruled a defendant, Kolawole Babalola, on the admissibility of the evidence tendered against him in the N8 billion CBN currency scam case.
The price rally on the Nigerian Stock Exchange (NSE) continued on Wednesday with the market capitalisation hitting all-time of N16.080 trillion.
The Nigerian Stock Exchange (NSE) market indicators on Thursday improved by 1.28 per cent due to gains posted by some petroleum equities.
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