NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance…
Nigeria is on track to cut its fuel deficit by 39% to 170,000 barrels per day (bpd) by 2025, down from 280,000 bpd, thanks to rising production levels at the…
In a move that affects millions of Nigerian motorists and businesses, Dangote Refinery has set its new nationwide retail price for fuel at N970 per litre, with major distributors already…
The Central Bank of Nigeria (CBN) has taken a decisive step to enhance foreign exchange (FX) regulations by suspending the approval of extensions for the repatriation of export proceeds. This…
The Central Bank of Nigeria (CBN) has taken a significant step to streamline and regulate the interbank foreign exchange (FX) market by introducing new guidelines for its Electronic Foreign Exchange…
Equity trading on the floor of the Nigerian Exchange, NGX, ended on the negative in the week ended Friday 11th October 2024 with fifty-two (52) equities depreciated in price higher…
Nigerian Exchange Group Plc (NGX Group) has lauded the German Government and its development finance institution, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a subsidiary of KfW Bank, for their unwavering commitment…
Nigerian Breweries PLC has commenced a Rights Issue of 22,607,491,232 Ordinary Shares at N26.50 per share on the basis of Eleven (11) new ordinary shares for every Five (5) ordinary…
Weekly report from the Nigerian Exchange, (NGX) has shown that share price of the agribusiness company Ellah Lakes Plc appreciated the most in percentages for the week ended 27th September…
In a bid to address the persistent depreciation of the naira against the US dollar, the Central Bank of Nigeria (CBN) has announced the sale of foreign exchange worth $20,000…