Banks Stocks Face Selloffs, NGX Sees Intraday Loss
Equities market is traded negative during the intraday trading session on the Nigerian Exchange ,NGX, driven by sell pressures in banking names.
Investors are dumping...
Stakeholders Urges Tinubu To Sign National Automotive Industry Development Plan Into Law
From Rotimi Asher, Lagos
Federal Government has been told to, as a matter of urgency sign the National Automotive Industry Development Plan ,NAIDP, into law...
Nigerian Banks Deploy Tech To Reduce Fraud Losses By 77.62%
By Dickson Pat
In the first quarter of 2024, Nigerian banks recorded a decline in fraud losses by 77.62% as a result of more reliance...
Moody’s Acquires 100% Stake In GCR Ratings
Global Credit Rating Company Limited ,GCR, has announced that Moody’s Corporation has increased its stake in GCR to 100%, following a 51% acquisition in...
Bond Investors Sell Naira Assets Over Inflation Data
Local FGN bonds market ended on a bearish note in the secondary market after unimpressive primary market auction ahead of inflation data. Bond investors...