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...
Naira depreciates, $1 – N378
The naira on Friday depreciated further against the dollar, pound sterling and the euro in all segments of the...
Investor apathy: Nigerian equities market down by 0.79%
Activities on the Nigerian Stock Exchange (NSE) on Thursday maintained a negative slide with the market indices dropping further...
Customs intercept pistol, bullets at Tin-Can Port
The Customs Area Controller, Tin-Can Island Command, Comptroller Yusuf Bashar, said on Thursday that the command had intercepted a pistol,...
KPMG’s verdict: Zenith Bank is Most Customer-Focused Bank
Zenith Bank Plc has again been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG....
NIMASA will no longer tolerate IOCs’ disregard for Cabotage, Environmental Laws, says Peterside
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Agency...
Naira maintains losses against dollar
The Naira, on Wednesday, maintained its loss against the dollar at the parallel market. The Nigerian currency, which lost...
Sell pressure: NSE market indices shed 0.94%
Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday for the third consecutive day, remained on a downward...
UBA, MasterCard announce Pan African partnership to enhance financial inclusion
United Bank Africa (UBA) and MasterCard have announced a partnership that would see UBA act as the issuer for...
NCS impounds three bullet-proof cars with DPV of N76m
The Nigeria Customs Service (NCS), Seme Command on Tuesday seized three bullet-proof cars with a Duty Paid Value of...
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