There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
Performance of the local stock market again ended in the red territory last week leading to N114 billion loses for stock investors whose participation at the...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc have unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended...
Leading telecommunications equipment manufacturer, Huawei Technologies Limited has recommended the non-standalone (NSA) model which builds on 4G LTE infrastructure to kick-start deployment of the fifth-generation network...
By United Capital The Nigerian telecommunications industry has been one of the economy’s bright spots in the last four (4) years. In 2021, it sustained its...
The Nigerian Communications Commission (NCC) has awarded fresh research grants and endowed professorial chairs in some Nigerian universities in the sum of N233 million. According to...
Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island Court to request the just and equitable winding up of Lekoil Cayman...
With sustainable finance gaining momentum globally, governments and corporate issuers are paying increasing attention to environmental, social and governance (ESG) factors, and investors, regulators and other...
The Chartered Institute of Stockbrokers (CIS) has launched an Academy to deliver structured professional training for capital market operators, investors and the general public. Speaking at the inauguration...
Transcorp Hotels Plc spent about N1.6 billion in 2021 to provide power to its hotels across Nigeria. Chairman of the company, Emmanuel Nnorom, who disclosed this...
The Nigeria Content Development and Monitoring Board has highlighted divestment from hydrocarbons assets and energy shortage as two implications of energy transition with different impacts on...
The Federal Government has said that the existing trains of the Nigeria Liquefied Natural Gas company are witnessing insufficient gas supply, noting that this is why...
A mortgage bank with headquarters in the Federal Capital Territory, Abuja, has lost prime properties valued at about N2 billion for defaulting on a loan obtained...
The International Air Transport Association (IATA) has announced that air travel posted a strong rebound in February 2022 compared to January 2022, as Omicron-related impacts moderated...
As 3.2 million IDPs yearn for help in the country The United Nations High Commissioner for Refugees (UNHCR), the UN agency for refugees, has said...
The Central Bank of Nigeria (CBN) has imposed an N800 million fine on three Deposit Money Banks (DMBs) in the country for violating regulations barring customers...
Dangote Cement PLC has obtained approval from its Board of Directors to access the Capital Markets for medium to long-term debt funding under its N300 billion...
Shareholders have approved the payment of 2.80k dividend per share by the board of Zenith Bank which added to the earlier interim dividend of 30k to reach a...
The world’s banking systems saw significant capital increases ahead of the pandemic and are resilient to very large shocks. The Global Bank Stress Test is a...
Veritasi Homes and Properties, a foremost real estate company in Nigeria, has signed its Commercial Paper (CP) programme worth N10 billion. The CP programme was approved through...
