E-payment: Banks process N356.47trn in Q4 2020 alone A total volume of 3,464,811,083 transactions valued at N356.47 trillion was recorded in Q4 2020 as...
Four Mills pledges N160bn to develop Nigeria sugar backward integration Nigeria’s food and agro-allied group, Flour Mills of Nigeria Plc has announced an increased...
NGX attracts N13.7bn debut bond of Emzor Pharmaceuticals The Nigerian Exchange Limited (NGX) has announced the listing of a N13.7 billion bond of Emzor...
2020: Axa Mansard Insurance nets N6.04bn profit AXA Mansard Insurance plc, a member of the AXA Group has announced its audited financial results for full...
Nigeria’s forex inflow suffers 54% decline in January Inflow of foreign exchange into the Nigerian economy fell significantly in the first month of the...
Investors lose N33bn as bears reclaim NGX floor Negative sentiments resurfaced in the local bourse on Thursday as bears displaced by the bulls the...
Overnight rate expands on CBN’s OMO auction The overnight lending rate expanded by 275bps to 15.0%, following outflows for CBN’s weekly OMO auction. The...
Inflation rises for 19th consecutive months as food prices remain the culprit The latest inflation data released today by the National Bureau of Statistics...
BDCs process N1trn annual deals, says Gwadabe The Association of Bureaux de Change Operators of Nigeria (ABCON) has said that its annual turnover is...
Ethiopian Telecoms Deregulation: MTN, Telkom, Etisalat, others jostle for two operating licences The race among telecoms behemoths is getting fiercer by the day as...
Nigerian Exchange Group admitted on NASD NASD PLC has announced the admission of the securities of the Nigerian Exchange Group PLC (NGX) for trading...
Nigerian stock index sheds 0.35% Negative sentiments persisted in the local bourse, as profit-taking in GUINNESS (-9.9%) dragged the All-Share Index (ASI) lower by 0.3%...
From Africa to the world: Konn3ct officially enters global video-conferencing market Amidst rising adoption of video-conferencing solutions to by-pass obstacles of Coronavirus pandemic and facilitate...
We’ve invested $1bn in power sector – Tony Elumelu Tony Elumelu, Chairman of Transcorp Group and United Bank for Africa (UBA) Plc has disclosed...
Bears stage comeback as stocks shed N157bn in four days The Customs Street remained moody and gloomy for stock investors who staked a sum...
FirstBank disburses N58bn credit to female entrepreneurs, professionals Nigeria’s oldest financial institution, First Bank of Nigeria Limited has disclosed that it gave out N58...
BUA Cement reports N209bn revenue in 2020 Proposes N2.067K Final Dividend Bua Cement Plc Releases Audited Financial Results for the 12-Month Period Ended December...
NiMet assures smooth flight operations from April 1 The Nigerian Meteorological Agency (NiMet) has assured Nigerians of smooth flight operations beginning from tomorrow, Thursday, April...
Indigenous tech firm launches Konn3ct into $75bn world’s virtual conferencing market A Nigerian tech start-up firm, Newwaves Ecosystems Limited is pitching for a major stake...
As market halts 6-week downtrend The six-week losing streak in the market came to a halt at the end of trading activities last week, as...