Ecobank Group posts N40.3bn profits in Q1 It was a great start with renewed energy for Ecobank Transnational Incorporated (ETI) in 2021 as the financial...
The Strange Yield Curve By Coronation Research Since the beginning of the year fixed income yields have been rising. Yet the movement in rates...
SEC adjusting 10-year capital market master plan to current realities The Securities and Exchange Commission (SEC) has said it is reviewing the 10-year capital...
Nigerians trade N1.5bn crypto volume on Paxful Paxful, a global peer-to-peer fintech, has said Nigeria is now its biggest market with a volume of...
CBN defends naira with $1.47bn in one month The Central Bank of Nigeria (CBN) injected $1.47 billion into the foreign exchange segment of the...
Cadbury Nigeria suffers 63% profit losses in Q1 2021 Cadbury Nigeria Plc has recorded significant shortfall in its profit for the first three months of...
Wema Bank hits N1trn asset valuation despite N13.51bn revenue shortfall Despite a recorded decline in its revenue in 2020, Wema Bank Plc has grown...
Naira depreciates in I&E window In the foreign exchange market, the naira traded at a lower value on Tuesday as the Nigerian currency shed...
Equities shed N7bn as banking stocks go bearish The local equities market reversed its previous day’s gains on Tuesday as the benchmark index declined...
CardinalStone lists N5b bond on FMDQ CardinalStone Partners Limited has announced the listing of the CardinalStone Financing SPV Plc5 N5 billion Series I Bond...
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...
FBNQuest to businesses: Explore commercial papers, bonds for stable funding FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, is recommending...
Investors recoup N88bn amid depressed stock turnover The Nigerian stock market extended its positive outlook on Tuesday despite the low activity level across trade...
Unity Bank posts N43bn earnings; assets hit N492bn in 2020 Unity Bank Plc has disclosed that it netted N42.71 billion earnings in 2020 as...
UBA grows Q1 2021 profit by 27% The United Bank for Africa (UBA) Plc has reported double-digit growth across most of its major income...
UK considers new digital currency, Britcoin Agency Report Britain is looking into the possibility of creating a digital currency that households and businesses could...
Investors lose N33bn as bears reclaim NGX floor Negative sentiments resurfaced in the local bourse on Thursday as bears displaced by the bulls the...
To sanction operators frustrating e-dividend The Securities and Exchange Commission has stated that it will continue to engage players in the Fintech space and...
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...
By FBNQuest Research Negligible changes to our EPS forecasts over the ’21-22f period DangCem delivered strong Q4 ’20 results with earnings up +55% y/y to N86.8bn....