Nigerians have remained unflinching to explore blockchain technology and cryptocurrency that rides on it in search of financial succor despite the ban imposed on the digital...
The board of BUA Foods Plc presented its audited financials for the year ended December 31, 2021, showing robust growth in revenue and profit, following which...
Experts divided on outlook After five weeks of losing supremacy battle to the bears, bulls at the Nigerian Exchange Limited (NGX) finally staged impressive comeback...
The House of Representatives on Thursday, approved the sum of N4 trillion for fuel subsidy, among other changes to Nigeria’s revised 2022 fiscal framework. This was...
The Nigerian Exchange Limited (NGX) has announced the launch of West Africa’s first Exchange Traded Derivatives (ETD) Market with Equity Index Futures Contracts. This is consistent...
Sovereign Trust Insurance Plc’s profit after tax rose by 42 per cent to stand at N974 million in the 2021 financial period. The Managing Director and...
The Chairman, Custodian Investment Plc, Dr. Omobola Johnson, has said the company grew its revenue by 14 per cent as of the end of December 31,...
The gross written premium of AXA Mansard Insurance Plc, a member of the AXA Group and a global insurance and asset management firm, rose by 27...
Clearing agents operating in the nation’s maritime sector may withdraw their services following the reintroduction of a 15 per cent National Automotive Council (NAC) levy on...
The ongoing war by Russia in Ukraine is making the global oil market highly volatile, the Organisation Petroleum Exporting Countries (OPEC) declared on Monday. Speaking at...
The Minister of Mines and Steel Development, Olamilekan Adegbite, has refuted media reports on the rehabilitation of the Ajaokuta Steel Plant, saying that the Federal Government...
The Securities and Exchange Commission (SEC) has said it is working with other agencies on a sectoral strategy to tackle potential cyber security threats on the...
The rising cost of crude oil will increase the cost of Nigeria’s gasoline subsidy by nearly ten times what it had originally budgeted, Nigeria’s President Muhammadu...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
Performance of the local stock market again ended in the red territory last week leading to N114 billion loses for stock investors whose participation at the...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc have unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended...
Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island Court to request the just and equitable winding up of Lekoil Cayman...
With sustainable finance gaining momentum globally, governments and corporate issuers are paying increasing attention to environmental, social and governance (ESG) factors, and investors, regulators and other...
The Chartered Institute of Stockbrokers (CIS) has launched an Academy to deliver structured professional training for capital market operators, investors and the general public. Speaking at the inauguration...
Transcorp Hotels Plc spent about N1.6 billion in 2021 to provide power to its hotels across Nigeria. Chairman of the company, Emmanuel Nnorom, who disclosed this...