Fidelity Bank grows deposit to N829.9bn in H1 2016
Fidelity Bank Plc on Tuesday, announced a deposit base of N829.9 billion for the half year ended June 30, 2016....
Skye Bank shareholders’ funds dip by N4.06bn for violating regulations
Skye Bank Plc shareholders’ funds dipped by N4.06 billion due to fines paid by the bank in 2015, the...
NSE market capitalisation drops by N4bn
The market capitalisation on the Nigerian Stock Exchange (NSE) on Tuesday dropped marginally by N4 billion to close at...
FG to reduce importation of items to N8.79trn by 2019
The Federal Government is targeting to reduce the costs of its annual importation of various items into Nigeria from...
Naira extends loss at parallel market
The Naira on Monday depreciated further against the dollar at the parallel market. It exchanged at N380 to the...
Julius Berger leads losers’ pack on NSE
The shares of Julius Berger Plc on Friday on the Nigerian Stock Exchange (NSE) nosedived by N2.54, following investors...
Dangote Sugar Refinery declares N11bn profit before tax
Dangote Sugar Refinery (DSR) has announced a profit before tax (PBT) of N11.1 billion for the six months ended...
Diamond Bank records stable growth in H1
Diamond Bank Plc on Thursday released its H1 2016 performance scorecard on the floor of the Nigerian Stock Exchange...
Profit taking: NSE market capitalisation down by N55bn
Trading on the Nigerian Stock Exchange (NSE) on Thursday, ended on a negative trend with the market capitalisation shedding...
Q2: Dangote Cement earns N292bn revenue
Africa’s leading cement producer, Dangote Cement Plc, has reported a revenue of N292 billion in the second quarter ended...
NSE market indices appreciate further by 0.94%
Transactions on the Nigerian Stock Exchange (NSE) for the second consecutive day on Wednesday sustained an upward rally. This...
NSE market indicators rebound by 1.14%
Major blue chip companies on the Nigerian Stock Exchange (NSE) on Tuesday posted huge gains reversing the six days...
MPC raises MPR to 14% as CBN battles inflation to stimulate growth
The Monetary Policy Committee on Tuesday hiked the Monetary Policy Rate by 200 basis points from 12 per cent to...
Adeosun calls for economic patriotism from Nigerians in the Diaspora
The Federal Government has called on Nigerians in the Diaspora to see the current economic realities in the country...
Naira stable against dollar as CBN meets over economy
The Naira on Monday remained stable at the parallel market. The Nigerian currency maintained N378 to the dollar at...
Nigerian equities slide further by 0.11%
Activities on the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a negative note with the...
CBN directs banks to sell forex to BDCs
The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer operators to sell foreign...
NSE market capitalisation drops further by N116bn
Nigerian equity, market for the fifth consecutive day on Friday, extended down trend with the market capitalisation losing N116...
Flour Mills declares N14.42bn profit in 2016
Flour Mills of Nigeria Plc, on Friday, announced a profit of N14.42 billion for the financial year ended March...
UBA boss Oduoza: Infrastructure challenges hinder African economies
Outgoing Managing Director of United Bank of Nigeria (UBA), Mr Phillip Oduoza, said that the dearth of infrastructure has hindered...
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