Naira depreciates by 4.41% against dollar at official market
The Naira, on Monday, depreciated at the official market, trading at N1670.65 to the dollar. Data from the official trading...
States, FCT ‘generated N2.4trn IGR in 2023’ (see ‘least three performing states’)
The National Bureau of Statistics (NBS) has reported that the 36 states and the Federal Capital Territory (FCT) collectively generated...
No deadline on circulation of Naira notes – CBN
The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200,...
NGX: Investors gain N123bn as bullish sentiment persists
The Nigerian stock market, on Tuesday, sustained bullish sentiment with N123 billion added to the portfolio of investors. Specifically, the...
Q3 2024: UBA grows Net Interest Income by 149%, PBT up by 20% to N603bn
Riding on its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has announced its...
Transcorp Power Plc reports strong Q3 2024 performance with 153% revenue growth, 198% increase in profits
Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter...
NGX suspends trading of Transcorp shares, investors gain N46bn
The Nigerian Exchange Ltd. (NGX) has suspended trading in the shares of Transnational Corporation Plc (Transcorp). The NGX, in its...
SPDC JV partners sign agreement for $3.5bn Brass fertiliser, petrochemical project
The SPDC Joint Venture partners have signed a Gas Sales and Purchase Agreement (GSPA) for the $3.5 billion Brass Fertiliser...
UBA sponsors Lagos International Trade Fair for sixth consecutive year, reaffirms commitment to support African SMEs
Africa's Global Bank, United Bank for Africa (UBA) Plc, has announced that it will, once again, be sponsoring this year’s...
Stock market closes with N99bn gain
The Nigerian stock market, on Friday, closed the week on a positive note, with investors adding N99 billion to their...
PENGASSAN accuses Sterling Oil, Indorama of paying Indian expatriates in dollars ‘to the detriment of Nigerian workers’
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has queried high infux of Indian expatriates in the...
Investors lose N64bn to selloffs in Zenith Bank, others
Investors in the Nigerian equity market lost N65 billion on Thursday due to selloffs in Zenith Bank, FBN Holdings, Transcorp...
Oando acquires Agip at $783m
Nigerian multinational energy company, Oando Plc, has acquired a 100 per cent shareholder interest in the Nigerian Agip Oil Company...
Stock market rebounds, gains N66bn
The Nigerian equity market, on Tuesday, recovered from the previous session’s decline, recording a N66 billion gain. Investor interest in...
Dangote Cement: Pan-African revenue for half-year grows by 139.9%
Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote...
Dangote: NMDPRA lied! We produce the best diesel in Nigeria
President of Dangote Group, Aliko Dangote, over the weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders...
Naira appreciates further by 0.67% against dollar at official market
The Naira on Tuesday further appreciated at the official market trading at N1,473.66 to the dollar. Data from the official...
FAAC: FG, states, LGs share N1.208trn revenue for April
The Federation Account Allocation Committee (FAAC) has shared the sum of N1.208 trlllion as revenue for April among the Federal...
Solid start to 2024, UBA consolidates gains as gross earnings rise by 110%
United Bank for Africa Plc (UBA), Africa’s Global Bank , released its financial results for the first quarter ended March...
Atiku: Tinubu’s son on Chagoury’s board is a conflict of interest
The Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, says the fact that President...
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