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...
Kogi State gets $100m agric loan from AfDB By Olamide Onabanjo The African Development Bank (AfDB) has granted the Kogi State government $100...
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...
OPEC+ to relax oil production cuts by 600,000bpd in May The Organisation of Petroleum Exporting Countries and its allies (OPEC+) seem set to ease...
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...
N1.23trn bad loans bite as banks’ gross credit tops N20trn Analysts have blamed the woes of Nigerian economy on bad loans in the banking sector....
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...
Rising oil price, falling naira rate push petrol landing cost to N216.31 The twin factors of rising global oil prices and depreciation of the naira...
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...
Nigeria’s forex inflow suffers 54% decline in January Inflow of foreign exchange into the Nigerian economy fell significantly in the first month of the...