Six Lending Banks Boost Economy With N1.3trn Credit In 2020         Efforts to grow the nation’s economy has received a boost from the banking sector as six leading banks injected additional N1.337 trillion through loans and advances to their customers across all sectors of the economy...

Despite COVID-19 Harsh Conditions, Banks’ Profits Rise To N677bn       Despite the economic meltdown caused by the COVID-19 pandemic, the nine months 2020 financial results of 12 commercial banks have shown that they recorded a combined profit of N677.149 billion for the period that ended on...

Stock Market Extends Decline, Records N8bn Loss         Transactions on the floor of the Nigerian equity market extend losses on Monday as bears tightened their grip on the market. The market breadth also closed on a negative note with five gainers against 46 losers. The Nigerian Stock Exchange...

Stock Market Down By N91bn On Profit-taking         The Nigerian equity market, on Thursday, returned to negative territory as investors continued to take profits to increase capital gains. The Nigerian Stock Exchange All-Share Index declined by 0.50 per cent as bargain hunters took profits from gains recorded...

Stocks Record 5.3% Weekly Increase, Investors Gain N740bn       The nation’s stock market recorded an increase of 5.3 per cent last week, with investors gaining N740bn. The Nigerian Stock Exchange All-Share Index and market capitalisation both appreciated by 5.30 per cent to close the week at 28,415.31...

Stock Market Halts 12-day Gaining Streak, Loses N144bn       The equities market closed on a negative note on Wednesday as investors sold off shares to take profits after a 12-day gaining streak. The Nigerian Stock Exchange All-Share Index dropped by 275.02 basis points or 0.95 per cent...