NSE Records Marginal Gain, Grows By N1bn       Transactions on the floor of the Nigeria Stock Exchange on Wednesday recorded a marginal gain to sustain a positive outlook. However, the NSE- All Share Index closed flat with the market breath closing positive with 14 gainers against 11...

Equity Market Ends Downturn, Records Marginal Gain       Transactions on the floor of the Nigerian Stock Exchange on Tuesday recorded marginal gain to halt four days losing streak. The market breadth closed positive with 18 losers against 15 gainers. Consequently, the All-Share Index gained 6.55 basis points or...

GTB,UBA, Others Near One-year Low On NSE   The persistent bearish performance of stocks at the Nigerian Stock Exchange in recent times has seen prices of large cap stocks decline rapidly dropping to one-year low levels and two-year low levels in some cases. Stocks such as Dangote...

The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan was initiated to also finance infrastructure and women-owned enterprises in Nigeria, AfDB has said. “The Fund...

Banks have defied the recession as they continued to post huge profits in their third quarter results. Ten out of 15 quoted banks on the Nigerian Stock Exchange have submitted their unaudited results as of September 2016 where five out of them recorded increases in...

The Nigeria's United Bank of Africa, UBA, has denied involvement in the funding of the failed coup plot in Turkey. A Turkey-based newspaper, Yenisafak, had reported that some of those arrested in connection with the July 15, 2016 failed coup plot had told their interrogators...