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53 Local Oil Firms Get N124bn NCDMB Loans For Development

53 Local Oil Firms Get N124bn NCDMB Loans For Development   At least 53 local oil service firms have accessed the $300 million Nigerian Content Development Fund (NCDF) between 2018 and this year, the Nigerian Content Development Management Board (NCDMB), has said. The general manager of the...

Foreign Portfolio Investments Drop By N124bn

Foreign Portfolio Investments Drop By N124bn       Investors apathy to Nigerian securities amid foreign exchange control, illiquidity and other macroeconomic risks have affected foreign portfolio investments in the local markets. The investments have dropped by N124.3 billion going by the latest Foreign Portfolio Investment (FPI) Report released...

Banks Generate N124bn From E-transactions

Banks Generate N124bn From E-transactions 11 Deposit Money Banks grew revenue from electronic transactions by 43 per cent in 2018. The growing adoption and investment in financial technology has earned 11 deposit money banks about N124bn revenue from electronic transactions in 2018. Nigerian banks have continued...

N124billion Loss, Dangote Cement Others Lead

N124billion Loss, Dangote Cement Others Lead   The bears again upstaged the bulls yesterday, as profit taking takes a toll on some highly capitalised stocks, especially Nigerian Breweries (NB), and Dangote Cement, causing market capitalisation to dip by N124billion. At the close of transactions on the trading...