NGX opens August with N30bn growth
The Nigerian stock market opened trading for the month of August on Monday with a growth of N30 billion. Speficially,...
NNPC earns N2.129trn from product sales
The Nigerian National Petroleum Corporation (NNPC) says it made total revenue of N2.129 trillion from the sales of petroleum products...
Dangote Group: Cement posts N191.6bn profit in six months, Sugar records N131.95bn revenue in H1
Dangote Cement has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in...
2021 half year results: Positive news for Transcorp Hotels Plc as revenue increases
Transcorp Hotels Plc has announced its un-audited financial statements for the half year ended June 30, 2021. The results, published...
NCC to improve broadband technology
The Nigerian Communications Commission (NCC) says it will continue to collaborate with stakeholders to ensure faster development of broadband infrastructure...
CBN to refund N35m capital deposits to BDC applicants
The Central Bank of Nigeria (CBN) on Thursday said it would start immediate refund of capital deposit to Bureaux de...
Forex: CBN directs commercial banks to set up teller points
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches...
Bears resurface on NGX, indices down by 0.12%
Sentiments on the domestic bourse turned negative on Tuesday to halt the five consecutive days of gains, as the Central...
Again, CBN retains MPR at 11.5%, holds other parameters constant
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, retained the Monetary Policy Ratio at...
CBN stops sale of forex to BDCs
The Central Bank of Nigeria (CBN) has announced immediate discontinuation of sale of Foreign Exchange (forex) to Bureau de Change...
PenCom begins payment of 2.5% pension differentials to retirees
The National Pension Commission (PenCom) has commenced payment of the 2.5 per cent differentials of 2004 and 2014 pension contribution...
NGX bullish, capitalisation gains N94bn
Transactions on the Nigerian Exchange (NGX) reopened on Monday on a bullish trend following investors’ interest in large and medium...
Dangote emerges Nigeria’s Most Impactful Local Content Company of the Year
For its strict adherence to the local content policy of the federal government, Dangote Oil Refinery has been awarded the...
Jamoh’s intervention: Five kidnapped maritime workers, three others regain freedom
Five members of the Maritime Workers Union of Nigeria (MWUN) and three others who were seized by gunmen in Rivers...
Sekibo: Market formation framework, driver to optimally develop solid mineral sector
The Managing Director and Chief Executive Officer (MD/CEO) of Heritage Bank Plc, Ifie Sekibo, has said that market formation framework...
NGX opens bullish after Sallah break with N330bn growth
The Nigerian Exchange (NGX) resumed from the Sallah holidays on Thursday bullish with the market capitalisation appreciating by N330 billion....
GAIM Season 4: Fidelity Bank splashes N39m on customers
Fidelity Bank Plc, on Thursday, splashed N39 million on 15 customers in the final draw of its Get Alert In...
Africa’s Best Bank: Guaranty Trust dominates at Euromoney’s Awards for Excellence 2021
Africa’s leading financial services institution, Guaranty Trust, has been named 'Africa’s Best Bank 2021' by Euromoney, the premier information authority...
Oando: No more war with SEC
Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the...
We are yet to renew Airtel licence, says NCC
The Nigerian Communications Commission (NCC) says it is yet to renew Airtel’s Mobile Operating Licence. Dr Ikechukwu Adinde, NCC’s Director...
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