By Dele Sobowale “There are no desperate situations; only desperate men.” - Joseph Goebbels, 1897-1945. Mr Hedi Sirika, ex-minister of aviation, in Buhari’s disastrous government, on...
The National Association of Securities Dealers (NASD) Over-the-Counter (OTC) Securities Exchange returned to positive territory, as it was pregnant by 2.1 per cent in the 22nd...
Cryptocurrency insurance company, Evertas is now insured to cover policies of up to $420 million from its previous limit of just $5 million, Reuters reported. London-based...
By David Alonge The appointment of Richard Teng to oversee Binance’s regional markets outside the U.S. has positioned the one-time Abu Dhabi regulator as the most...
First Bank has said its profit before tax rose by 12.4 per cent to N147.0bn as of the end of 2022, from N130.9bn in the corresponding...
Nigeria’s electricity export has earned the country a total of $369.22 million in the last two years, BUSINESS METRICS has gathered. Data obtained from the Central...
The Securities and Exchange Commission (SEC) has expressed its readiness to confront and find solutions to the challenges that make companies delist from the capital market....
The growing trend of trapped revenues of foreign airlines operating in various countries around the world has remained unabated, according to the latest disclosure by the...
By Kaliba Bilala “Most large complex financial institutions are global—at least in life if not in death.” – Mervyn King When banks ran into trouble during...
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was...
Trading on the floor of Nigerian Exchange Limited (NGX) closed on a positive note on Thursday to commence the new month of June in green with...
By Ambrose Omordion, Chief Research Officer at Investdata Consulting Ltd Trading on the last day of May 2023 on the Nigerian Exchange Limited closed positive, further...
The Nigerian equities market traded marginally higher as sustained interest in BUA FOODS (+5.6%) underpinned a 0.06% increase in the All-Share Index to 55,769.28 points. In...
The Chief Operating Officer i-Invest, Tobi Olusoga has disclosed that in five years, the company recorded over 130,000 subscribers. According to her, the subscribers have executed...
To further diversify its debt profile, Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has secured a $625 million syndicated loan with new lenders...
The Nigerian National Petroleum Company Limited (NNPCL) has raised the pump prices of petrol (PMS) by over 200 per cent bringing the price of fuel to between N488...
As trading activities resumed on the floor of Nigerian Exchange Limited (NGX) after the swearing in of President Bola Tinubu, the market has reacted positively to...
The Nigerian National Petroleum Company (NNPC) Limited has described total removal of fuel subsidy as announced by the President Bola Tinubu, Nigeria’s new president, as a...
Corporate and subnational bond issuances in Nigeria has increased by 502.4% in the last five years spanning 2017 and 2022, managing Director of Investment Banking at...
Investors in the Nigerian stock market recorded N428 billion profit accruing from the weekly trading of equities on the floor of the Nigerian Exchange Limited last...