The Nigeria Mortgage Refinance Company (NMRC) recorded significant increase in its profitability, which came up to N482 million in 2015 as against N160 million in 2014. The nation’s leading and foremost mortgage Refinance Company also recorded total assets of N39.01...

Nigeria has recorded sustained increase in annual movement in external reserves and Oil Prices as inflation rate rose to 17.85 per cent in September this year against 17.61 per cent reported in August 2016. The rate was the highest since...

Heavy losses recorded by two consumers goods companies – Cadbury Nigeria Plc and GlaxoSmithKline, GSK Plc – last week resulted in N91 billion decline in investors’ wealth on the Nigerian Stock Exchange, NSE. Trading statistics showed that Cadbury Nigeria Plc’s...

The Securities and Exchange Commission (SEC) has launched a bid to simplify stock market’s account opening process and requirements for low-income and financially- excluded segment of the population. This is part of efforts to widen the domestic investors’base. Less than three...

We cannot be certain whether Nigerians should celebrate or decry the recent decision by the Central Bank of Nigeria to reduce the existing annual limit on naira debit cards used abroad, from $150,000 to $50,000 per person. Nonetheless, the enabling...

ROYAL Dutch Shell, weekend, confirmed plans to sell over 16 assets each worth more than $500 million. Though the report had no mention of what location or country which its assets is up for sale, but explained that the...