Nigerian Stock Exchange Sees N132 Billion Market Capitalization Gain
The Nigerian Stock Exchange experienced a N132 billion increase in market capitalization at the close of trading on Wednesday. The...
Stock Market Sustains Positive Momentum With N441bn Gain
The local stock market closed on a positive note on Thursday with the market value increasing by N441 billion, OduNews reports.
Hackers Steal Over ₦2.9 Billion from Flutterwave Accounts
Flutterwave, an African fintech unicorn, experienced a hack attack where over ₦2.9 billion was illegally transferred from their accounts. Flutterwave's legal counsel filed a suit to freeze accounts in 27 Nigerian financial institutions, including Access Bank, Kuda, Zenith Bank, and OPay, to recover the stolen funds. It remains unclear how the hackers bypassed Flutterwave's security, and customers are waiting for an official statement from the company.
Zenith Bank Receives Approval To Operate As HoldingCo
Zenith bank plc has received the approval of the Central Bank of Nigeria to operate as a financial holding company.
Customers Groan Over Zenith Bank Poor Services
Customers of Zenith bank have continued to lament the poor services rendered by the bank amid the recent scarcity of the naira, OduNews reports.
Bulls Dominate Equities Market As Investors Gain N27.5bn
Bulls dominated activities on the floor of the Nigerian Exchange (NGX) Limited last week as investors raked in N27.5 billion.
Banks To Open Saturday, Sunday Over Old Naira Note Deadline
Some commercial banks have announced that their branches will be opened on Saturday and Sunday to allow customers deposit their old notes ahead of the January 31st deadline.
Local Stock Market Investors Gain N133.43bn
Investors at the Nigerian Exchange (NGX) Limited raked in N133.43 billion by the end of trading activities on Thursday.
Bulls Return To Equities Market As Investors Gain N74bn
The Nigerian Exchange (NGX) Limited closed in positive territory on Wednesday as the market rebounded by 0.28%.
Zenith Bank Launches Pitch Competition For Nigerian Tech Startups
Zenith bank has launched its pitching competition for Nigerian entrepreneurs with tech-enabled, scalable solutions designed to innovate businesses from different industries.
Local Stock Market Depreciates By 2.5%
The Nigerian Exchange Limited witnessed a cumulative 2.5% fall during the four days of trading last week, OduNews reports.
Bears Return To Local Stock Market As Investors Lose N111.62bn
The Nigerian Exchange (NGX) Limited returned to negative territory on Thursday as investors recorded N111.62 billion, OduNews reports.
Stanbic IBTC, Access Report Highest Bank Loans To Customers
Stanbic IBTC and Access Bank Plc recorded the highest loan figures doled out to customers in the first half of 2022.
Bears Persist At NGX As Investors Lose N240bn In A Week
Trading activities at the Nigerian Stock Exchange (NGX) Limited floor remained in negative territory last week with investors losing N240 billion.
Bears Dominate Equities Market As Investors Lose N124.9bn
The Nigeria Stock Exchange (NGX) Limited remained bearish on Thursday as investors recorded a N124 billion loss, OduNews reports.
Tier-1 Banks Shareholders Lose N35.7bn
Investors in Zenith bank, Access Holdings, FBNH and UBA recorded a loss of N35.7 billion over sell pressure recorded by these banks.
Bears Dominate Customs Street As Investors Lose N37.44bn
The Nigerian Stock Exchange (NGX) Limited opened the week on a bearish note as investors recorded a N37.44 billion loss.
Eight Banks Rake In N234.97bn From Fees, Commissions In H1 2022
Eight Deposit Money Banks generated N234.97 billion from Electronic-banking commission, and credit-related fees, among other commissions in the first half (H1) of 2022.
NGX Gains 0.25% As NEM, Stanbic IBTC, 14 Others Lift Market
The Nigerian Exchange (NGX) Limited gained 0.25% on Wednesday on the back of the growth in the stocks of Stanbic IBTC, NEM Insurance and fourteen others.
Zenith Bank Gross Earnings Jump To N405bn In H1 2022
Zenith Bank Plc says its gross earnings increased to N405bn in the first half of 2022 from N346 billion in the corresponding year of 2021.