Dangote Cement pays N97bn tax as Nigerian operation pulls N720bn revenue Africa’s largest cement producer, Dangote Cement Plc, has remained a major contributor to the...
Stock investors lose N7bn as market returns southwards Sentiments again went negative as trading on the floor of the Nigerian Stock Exchange (NSE) closed southwards...
UK unemployment falls back to 5% The unemployment rate fell to 5.0% in November to January, down from the last reading of 5.1% in October...
CBN retains lending rate at 11.5% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at...
By FBNQuest Analysts The monetary policy committee (MPC) holds its latest meeting today and tomorrow. In the earlier days of the COVID-19 pandemic rate-setting bodies globally...
Cautious equity investors, anticipate MPC’s outcome, amid portfolio realignments By Investdata Analysts In recent days, the bulls and bears have battling for dominance on...
Expect petrol from Port Harcourt Refinery after 18 months — NNPC The Nigerian National Petroleum Corporation (NNPC) said on Monday that the Port Harcourt...
Competitors hike fare 100% after Azman Air suspension Following the suspension of Azman flights on some northern routes, air fares to these routes have increased...
AfCFTA: Nigeria targets $50bn intra-Africa export trade, 500,000 jobs Senior Special Assistant to the President on Public Sector Matters, Francis Anatogu has said the Federal...
CBN shifts forex transactions to I&E window The Central Bank of Nigeria (CBN) has shifted official forex transactions to the Investors’ & Exporters (I&E)...
Union Bank declares N7.28bn dividend The board of directors of Union Bank of Nigeria (UBN) Plc has recommended payment of a dividend per share...
Equities rebound as bargain hunting spurs N178bn gain The Nigerian equities market opened the week on a positive note following bargain hunting across the...
Equities closed 7th negative week with N140bn loss The Nigerian stock market extended its decline last week for the seven consecutive week as investors...
Dangote Sugar proposes N18.22bn final dividend for 2020 Dangote Sugar Refinery Plc, a subsidiary of Dangote Group, has proposed a final dividend of N1.50 for its...
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in...
Manchester City becomes first English football club to go crypto Four-time English Premier League champions, Manchester City has become the latest football club to embrace...
FAAC disburses N619.34bn in January 2021 – NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N619.34bn to the three tiers of...
DMO lists N162.56bn Sovereign Sukuk on NSE, FMDQ The Debt Management Office (DMO) has listed its third Sovereign Sukuk of N162.557 billion on the leading bourses...
External reserves drop by $523m in two weeks Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March...
Debt Management Office plans N150bn bonds auction in March The Debt Management Office (DMO) has disclosed that the Federal Government will offer N150 billion bonds...