Naira gains 0.6% against dollar at official market
The Naira, on Monday, appreciated at the official market, trading at N1,136.04 to the dollar. Data from the official trading...
Nigeria in darkness as national grid collapses 6th time in four months
Nigerians are angry. Reason: For the sixth time in 2024, the power grid has collapsed, throwing the most-populous black country...
Naira makes huge recovery, gains 7.2% against dollar
The Naira, on Friday, experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the...
IMF: Inflation to further drop in 2024
The International Monetary Fund (IMF) says inflation is easing faster than expected but has not been fully defeated. Kristalina Georgieva,...
UBA introduces First of its Kind scan to resolve Complaint Portal
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088 called the 'Scan...
Full Year 2023: UBA Gross Earnings rise by 143% YoY, profit hits N757.7bn
*Declares N2.30 kobo Final Dividend *Total Assets Rise by 90.2% to N20.65 trillion *Shareholders’ Funds hit N2.0tn, achieving an impressive...
Zenith Bank grows total assets to N20.4bn
Zenith Bank Plc says its total assets grew to N20.368 billion for the year ended December 31, 2023. Mr Michael...
GTCO posts N609.3bn pre-tax profit
Guaranty Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion for the financial year ended...
EFCC to school, hotel, supermarket owners: Charge in dollar, go to jail
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has warned schools, supermarkets, hotels and others against...
CBN approves daily sales of $10,000 to 1,588 BDC operators
The Central Bank of Nigeria (CBN) has approved daily sales of $10,000 to 1,588 eligible Bureau De Change operators at...
Adelabu, Idris explain power tariff regime adjustment
*Ministerial Briefing targets timely flow of government information The Minister of Information and National Orientation, Alhaji Mohammed Idris, has emphasised...
Naira strengthens against dollar by 0.32%
The Naira, on Friday, strengthened at the official market, trading at N1,251.05 to a dollar. Data from the official trading...
IMF: Georgieva is sole candidate for Managing Director position
The Board Coordinators of the Executive Board of the International Monetary Fund (IMF) announces that the current managing director of...
Tinubu to Elumelu, Onyema, Okoli, others: All of us must work together for Nigeria to succeed
*President meets Corporate Nigeria, says 'I cannot underperform on a job I campaigned for' President Bola Tinubu says Nigeria's economy...
Naira gains 0.62% at official market
The Naira gained at the official market as it traded at N1,255.07 to a dollar on Thursday. Data from the...
StanbicIBTC declares N2.20 dividend to shareholders
StanbicIBTC Nigeria has declared to pay its shareholders a final dividend of N2.20 per ordinary share of 50k each, totaling...
Debt for growth ‘not a bad thing’ – AfDB
The African Development Bank’s Chief Economist, Kevin Urama, says debt for growth for countries on the continent should not carry...
Why we left passengers stranded at Port Harcourt Airport – Arik Air
Arik Air has said its leaving of its passengers stranded at the Port Harcourt Airport on March 2 was unintentional...
Transcorp Power Plc releases Audited FY2023 Results; grows Topline by 57.03% and Profit by 75%; declares Dividend of N3.13
Transcorp Power Plc releases Audited FY2023 Results; grows Topline by 57.03% and Profit by 75%; declares Dividend of N3.13 Transcorp...
Naira appreciates at official market, gains 2.4%
The Naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday. Data from the official trading...
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