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...
Access Bank, Diamond Bank shareholders approve merger; to maintain the name ‘Access’ with ‘Diamond colours’
Shareholders of Access Bank Plc and Diamond Bank Plc, on Tuesday, unanimously approved the merger of both financial institutions aimed...
Naira gains marginally against dollar at parallel market
The Naira on Tuesday gained 50 kobo to exchange at N358 to the dollar at the parallel market in Lagos,...
Nigeria equity market rises by 0.14% in cautious trading
The Nigerian Stock Exchange (NSE) market indices on Tuesday sustained growth, posting a marginal gain of 0.14 per cent in...
NNPC recovers N771m forfeited assets
The Nigerian National Petroleum Corporation (NNPC) says it has recovered assets worth over N771 million from some marketers who under-paid...
Dangote restates commitment to Nigeria’s economic potential
Alhaji Aliko Dangote, President, Dangote Industries, says his continuous efforts to innovate, create value and invest in Nigeria’s economy is...
FG offers 2-year, 3-year bonds at 11.62%, 12.62% for March
The Federal Government has offered for subscription two-year and three-year savings bonds at 11.62 per cent and 12.62 per cent...
NSE: Market indices maintain upward growth, up by 0.95%
Transactions opened on the nation’s Stock Exchange for the week on Monday with a growth of 0.95 per cent, following...
NEITI: Nigeria loses $16bn to Production Sharing Contracts
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that Nigeria lost at least $16 billion in 10 years due to...
Bella Disu, 65 others get Institute of Directors certification
Globacom’s Executive Vice Chairman, Mrs Bella Disu, and 65 other Directors have been certified by the Institute of Directors at...
NCC: Telephone subscribers now 174m
The Nigerian Communications Commission (NCC) says there was 174,012,136 active subscribers on the telecommunication networks in January 2019, as against...
First Bank marks 125th anniversary, reassures commitment to Nigeria’s development
First Bank of Nigeria Limited, on Friday, said that it would remain committed to the development and growth of Nigeria...
JAMB registers 1.8m candidates for 2019 UTME
The Joint Admissions and Matriculation Board (JAMB) has registered over 1.8 million candidates for the 2019 Unified Tertiary...
Dangote Cement sold 23.54mt of cement across Africa in 2018
Dangote Cement Industries Plc on Wednesday said that it sold a total 23.54metric tonnes (MT) of cement across Africa for...
Elections outcome: NSE indices drop further by 0.71%
Market indicators of the Nigerian Stock Exchange (NSE), on Wednesday, dropped further by 0.71 per cent following the outcome...
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