NSE market indices drop by 0.13% amid low liquidity
Sell pressure persisted on the Nigerian Stock Exchange (NSE) on Wednesday with the crucial market indicators depleted further by 0.13...
Merger: NSE places Diamond Bank shares on full suspension
Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the...
N579.5m overpaid stamp duties: Tribunal adopts terms of settlement between 44 insurance firms, FIRS
The Tax Appeal Tribunal sitting in Abuja on Wednesday adopted the terms of settlement entered by 44 insurance companies and...
Shareholders laud Transcorp’s outstanding results
Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have commended the Board and Management of the company for their remarkable...
Zenith Bank shareholders approve N2.50k per share dividend for 2018 financial year
Shareholders of Zenith Bank, on Monday, approved the proposal of the board to pay final dividend of N2.50k per share...
UBA earnings hit N494bn, records profit of N106.8bn
The Pan-African financial institution, United Bank for Africa Plc has announced its Audited 2018 Financial Results with impressive growths...
PDP: It is unfortunate INEC has two sets of rules in same election for various parties
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) rose from an emergency meeting on Thursday, March 14,...
Airtel Nigeria unveils 0901 number range
Airtel Nigeria has introduced a new number range, 0901, in line with its vision to empower more people. The Chief...
CBN: Nigeria’s Balance of Payments jumps by $2.80m
The Central Bank of Nigeria (CBN) said on Wednesday that the country’s Balance of Payment improved by a surplus of...
Shippers urge NPA to simplify call-up system for containers
The President, Shippers Association Lagos State (SALS), Mr Jonathan Nicol, has urged the Nigerian Ports Authority (NPA) to simplify the...
Shippers pay $20,000 daily for vessel delay at Lagos Ports
A maritime expert, Mr Demola Akinkunmi, says shippers are now being charged $20,000 per day for delay of ships in...
Crashes: Air Peace says no plan to cancel order for 10 B737 MAX aircraft
Nigerian leading carrier, Air Peace, says there is no plan to cancel its order for 10 Boeing 737-MAX 800 airplanes...
Nigeria’s active mobile subscribers hit 172m
The National Bureau of Statistics (NBS) said Nigeria’s active mobile subscribers increased to 172,824,239 million in the fourth quarter, 2018...
NSE index drops by 0.90% amid heavyweight losses
The All-Share Index of the Nigerian Stock Exchange (NSE) commenced trading for the week southward, amid losses by some heavyweight...
Nova Merchant Bank declares profit after tax of N1.15bn
NOVA Merchant Bank Limited has declared a profit after tax of N1.15 billion for the year ended 31st of December...
MTN earned N453bn in 2018
MTN Nigeria recorded N453.1 billion Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in 2018. The communications company also attracted...
Profit taking: NSE market capitalisation loses N20bn
The nation’s bourse, on Wednesday, reversed the three consecutive days positive trend with the market capitalisation dropping by N20 billion....
Nestle Nigeria declares N38.50 final dividend for 2018
Nestle Nigeria Plc has declared a final dividend of N38.50 per share for the financial year ended Dec. 31, 2018....
Guaranty Trust Bank profit before tax hits N215.6bn
Guaranty Trust Bank Plc on Wednesday announced its audited results for the financial year ended Dec. 31, 2018 on the...
NNPC to build Power Plants in Abuja, Kaduna, Kano, Fertilizer Plant in Bayelsa
The Nigerian National Petroleum Corporation (NNPC) says it will build three Independent Power Plants (IPP), with a combined capacity of...
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