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NBS: Capital Importation Rises, hits $2.19bn in Q4

NBS: Capital Importation Rises, hits $2.19bn in Q4 The National Bureau of Statistics says that the value of capital importation into Nigeria increased by 26.35 per cent to hit $2.19 billion in the fourth quarter of 2021. In ‘Nigerian Capital Importation’ report, the NBS disclosed that...

‘Nigeria’s PMI Hits 18-month High In July’

'Nigeria’s PMI Hits 18-month High In July'     Nigeria’s Purchasing Managers Index rose to 55.4 in July from 53.6 in June, according to a report by Stanbic IBTC Bank. The company said this signalled a marked improvement in business conditions, describing it as one of the strongest...

Business Activity Rises First Time In 4 Months

Business Activity Rises First Time In 4 Months     Nigerian private sector returned to expansion in July, after three successive months of decline, following an uptick in new orders and easing of the coronavirus (COVID-19) induced lockdown. This is contained in the Stanbic IBTC Bank’s Purchasing Managers...

Stanbic Lists 31.5m Additional Shares On NSE

Stanbic Lists 31.5m Additional Shares On NSE   Stanbic IBTC Holdings Plc has listed additional 31,515,400 ordinary shares of 50 kobo each on the Nigerian Stock Exchange. The NSE said in a notice that the additional shares listing resulted from the scrip dividend option given to shareholders...