The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience in the...
HIGHLIGHTS Declares N2.30 Kobo Final Dividend Total Assets Rise by 90.2% to N20.65 trillion Shareholders’ Funds Hits N2 Trillion, Rises by 120.2% Customer deposits improved by...
A Federal High Court in Abuja has remanded a Binance executive, Tigran Gambaryan, in Kuje Correctional Centre, pending the determination of his bail application. The trial...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...
Nigerian Exchange Group Plc (NGX Group), a leading integrated market infrastructure group in Africa, has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX...
Directs Customer Refunds The Nigerian Electricity Regulatory Commission (NERC) has taken enforcement action against the Abuja Electricity Distribution Plc (AEDC) for extorting its customers via wrong...
The Nigerian Electricity Regulatory Commission (NERC) has approved a 300% increase in the electricity tariff for Band A consumers to ensure sustainable energy distribution and reduction...
Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc, has released its audited financial statements for the year ended...
Transnational Corporation Plc (Transcorp), Nigeria’s leading listed conglomerate, has announced it financial results for the year ended December 31, 2023. Analysis of the report showed that...
The Central Bank of Nigeria (CBN) has announced new guidelines on its recapitalisation policy for banks in the country. This is coming barely 48 hours after...
At the end of its two-day Monetary Policy Committee (MPC) meeting on Tuesday (today), the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate...
By Adedapo Adesanya To further ease the street value of the Naira to the Dollar, the Central Bank of Nigeria (CBN) has issued the currency to...
MTN has signalled a potential departure from Guinea-Bissau, Guinea-Conakry and Liberia, as it highlighted numerous challenges in the West and Central Africa region. The Group President and...
The Senate’s Communications Committee has approved the Nigerian Communications Commission (NCC) budget of N549.6 billion for 2024. This was made known during a joint Senate and...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of...
Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates...
International Breweries Plc has will at an Extra-ordinary General Meeting (EGM) to take place on April 9, 2024 seek approval of it shareholders to convert an...
Despite various moves by the Nigerian authorities to undermine crypto transactions and interest among Nigerians, latest raking puts the country among top 15 countries with highest...
By CSL Research Dangote Cement’s recently released FY 2023 results showed the company’s Revenue increased by 36.4% y/y, to N2.21tn for FY 2023 from N1.62tn in...
By Gozie Joe Introduction Dealing with the death of a loved one is always a hard, and painful thing. Though death is inevitable, it is not...