For the third consecutive week, Nigeria’s FX reserves nosedived by losing $102.58 million to close last week at $41.41 billion. According to experts, the sustained downtrend...
As investors scrambled to book profit on their equity assets last week, the local stock market was pulled down by 0.12 per cent to close the...
Shareholders of Conoil Plc have approved a total dividend payment of N1.04 billion, translating to 150 kobo for every 50 kobo share. The dividend was approved...
International Breweries Plc has reported a profit after tax of N367.5 million for the third quarter of 2021 as it managed to overcome a loss after...
A major concern for investors over the years is how they can manage to maneuver effects of inflation on the returns made from their investments. From...
The overnight (OVN) rate leaped to 15.3% at the close of activities in the money market last week as the Central Bank of Nigeria (CBN) debited...
Recent announcements by MTN Nigeria and Airtel Africa on acquisition of payment service bank approval in principle has spurred excitement at various quarters but at the...
Transnational Corporation of Nigeria (Transcorp) has reported that its operations across various subsidiaries yielded N13.5 billion from January to September, 2021. This is according to its...
MTN Group, the largest mobile operator in Africa, has announced plans to proceed with a public offer to sell 575 million shares in its Nigerian business...
Transcorp Hotels Plc has announced its unaudited Q3 results showing a rebound from N5.6 billion losses it posted at the third quarter of 2020 when the...