• A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014. Nigeria's naira currency weakened slightly on the interbank market on Tuesday due to strong demand for dollars from foreign investors. REUTERS/Akintunde Akinleye (NIGERIA - Tags: BUSINESS) - RTR4DUX1

    Analysts Optimistic Capital Market Will Rebound In 2017

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    Capital market analysts have expressed optimism that the Nigerian capital market and the economy would experience increased activities with innovative macroeconomic policy in 2017. The Nigerian stock market recorded a decline of  6.2 per cent in 2016 as the index posted a loss for the third consecutive year on the back of weaker domestic macroeconomic…

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    NSE Undertakes Year End Review Of Market Indices

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    As part of end of year activities, the Index Committee of the Nigerian Stock Exchange (NSE) has undertaken a review of the NSE indices. The review which was released by the NSE, recently will witness the entry of some major companies and exit of others in the NSE 30 Index, the sectoral, and pension index…

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  • Tiger Brands Evaluates Options Amidst Dwindling Fortunes

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    Tiger Brands Limited, said, it would continued to evaluate all options for the restructuring of the lose-spinning Nigerian subsidiary. The chief executive officer of Tiger Brands Limited, Mr. Peter Matlare, said this, in an interview.Recently, Dangote Flour Plc, has changed its name to Tiger Branded Consumer Goods Plc to reflect the new ownership of the…

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    BoI Secures CBN License, Repositions For Service

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    The Bank of Industry (BoI) has secured Central Bank of Nigeria’s (CBN) license, having met the requirements set by the apex bank for all existing Development Finance Institutions (DFIs) in the A statement from bank explained that the CBN has approved its application for the issuance of the required license, in line with the CBN…

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