ACCESS–DIAMOND BANK M&A: Banks’ share prices skyrocket,
Following the recent declaration of the acquisition of Diamond Bank Plc by Access Bank Plc yesterday investors have swooped on the shares of both banks pushing them to the top…
Include us in merger process, shareholders tell Diamond Bank
Diamond Bank Plc shareholders on Monday expressed mixed reactions to the news of its merger with Access Bank Plc. The News Agency of Nigeria reports that the board of Diamond…
Herbal, Traditional Medicine Potential FOREIGN Earner- NAFDAC
The National Agency for Food and Drugs Administration and Control (NAFDAC) has said that sensitising herbal and traditional medicine practitioners on best practices would make the trade earn foreign exchange…
Nigeria’s Inflation rate increases in November to 11.28 per cent
Lukman Amusa The National Bureau of Statistics, says the Consumer Price Index, which measured inflation increased to 11.28 per cent (year-on-year) in November from 11.26 per cent recorded in October.…
Trader Docked Over Unpaid N996,000 Debt
A 46-year-old trader, Patrick Ene, who failed to pay a debt of N996,000 he owed after obtaining good from Heritage Hair Care and Cosmetics, was on Wednesday brought before a…
Netherlands Leads Global Online Shopping, Mauritius Leads Africa
The Netherlands has placed top of UNCTAD’s Business-to-Consumer (B2C) E-commerce Index for 2018 as the most prepared country in the world for global online shopping. Mauritius leads Africa, ranked 55th.…
CBN Pumps $26.765bn Into FX Market
Jennifer Akamanu The Central Bank of Nigeria (CBN) has pumped $26.765 billion into the interbank segment of the foreign exchange (forex) market since it started its forays into the market…
NSE Investors’ Net Worth Drops By N581bn In November
Jennifer Akamanu Investors’ net worth on the Nigerian Stock Exchange dropped by N581bn in November, amid ‘sell pressure’ ahead of the 2019 general elections and Yuletide celebrations. Data obtained from…
BREAKING: CBN grants Diamond Bank authorization to operate as national bank
The Central Bank of Nigeria has granted Diamond Bank Plc the authorization to operate as a national bank following its application for it. The bank’s Chief Executive Officer, Mr. Uzoma…
EFCC accuses stockbrokers of converting dead man’s share
A stockbrokerage firm, CSL Stockbrokers, and three others, have been charged before the Federal High Court in Lagos for allegedly converting to their own 298,550 units of shares belonging to…
