The country’s external or foreign reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of...
It was a bumper harvest for FBN Holdings Plc in 2021 financial year as the institution posted a profit after tax of N151.079 billion, a 99.86%...
The Nigerian equity market is currently at the mercy of the bears since the market resumed weekly trading on Monday when the bulls surrendered to profit-taking...
Airtel Africa, a leading pan-African provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced that the Board has...
Dangote Cement has recorded a 24.2 per cent increase in revenue and an 18 per cent increase in its profit in the first quarter of 2022...
Reserves May crash below $38 Billion mark – Analyst As pressure continued to mount on the Nigeria’s external reserves, the country’s hard currency vault depleted by...
In line with rife expectations by investors in the Nigeria’s Fixed Income (FI) Market, the overnight (OVN) rate expanded by 424 basis points last week to...
As bears fan ember of profit-taking Despite the rout across the global equities market, the rally in the Nigerian equities market remained unscathed as intense bargain...
The Securities and Exchange Commission (SEC) has issued a body of rules and regulations that will guide issuance and transactions of digital assets such as cryptocurrency...
Airtel Africa has reported a strong 20.6 percent growth to $4.7 billion in its annual revenue from $3.9 billion last year driven by strong growth in...
Transcorp Hotels Plc has ended the first quarter of 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion...
Resilient consumer demand drives volume growth ahead of industry, with significant revenue and profit growth. “Based on a consistent commercial strategy, we are growing ahead of...
The Debt Management Office (DMO), on Monday announced the offer of two Federal Government of Nigeria (FGN) bonds for subscription. The first offer is a two-year...
Unity Bank Plc has declared a profit before tax of N3.33 billion in the financial year ended December 31, 2021, indicating a 49.9 per cent increase from the N2.22...
Investors at the Nigerian Exchange Limited (NGX) went home at the end of trading last week with N301 billion profit as the market sustained positive trend...
It was not a great week for investors at the NASD OTC Securities Exchange who lost N97.15 billion of their investment last week after the market...
Impressive corporate earnings released by bellwether stocks supported market performance last week, as investors increased their bets on blue-chip companies in anticipation of continued expansion in...
Karl Toriola, the Chief Executive Officer of MTN Communications Nigeria Limited has explained how the telecoms giant recoded 22% growth in its service revenue in the...
Nigeria’s leading telecommunications company, MTN Nigeria Communications Plc, has just announced its unaudited results for the first quarter ended 31 March, 2022. The reported presented to...
Zenith Bank Plc has grown its total assets above N10 trillion to hit N10.32 trillion in the first quarter of 2022 from N9.45 trillion it stood...