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NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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Traders exchange N154bn stocks as NGX suspends Unity Bank, Mutual Benefits, Lasaco shares

TRADING activity on the Nigerian Exchange (NGX) strengthened in the week ended July 3, with investors exchanging shares worth N154.39 billion, representing a 14.8 percent increase from the previous week’s N134.49 billion. According to the NGX weekly market report, a total of 3.82 billion shares changed hands in 258,567 deals, up from 2.32 billion shares […]

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Aug 13, 2024 post

Job losses loom in Unity Bank after Providus acquisition

…Politics takes centre stage in deal-making STAFF of Unity Bank are in panic weeks after the announcement of merger between their financial institution and Providus Bank. They are afraid of losing their jobs, which will likely be the result after the Providus Bank acquisition. The deal, which Economy Post has found out to be an […]