2020: Axa Mansard Insurance nets N6.04bn profit AXA Mansard Insurance plc, a member of the AXA Group has announced its audited financial results for full...
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...
Trade volume between Nigeria and South Korea crashes by 74% The volume of trades between Nigeria and South Korea plummeted by as much as...
UK considers new digital currency, Britcoin Agency Report Britain is looking into the possibility of creating a digital currency that households and businesses could...
Nigeria’s biggest lender Access Bank has agreed to buy a majority stake in African Banking Corporation of Botswana for cash, a month after acquiring a South...
How Nigeria prevents N22.45bn capital flights on IT – NITDA DG The Federal Government has saved over N22.45bn through the enforcement of the guideline...
FIFA disapproves of Super League —Infantino FIFA president Gianni Infantino said on Tuesday there is “no doubt whatsoever” that football’s world governing body “disapproves”...
Hard time beckons as FG admits revenues crashing The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Monday admitted that Nigeria’s economy was...
FirstBank launches a new corporate website FirstBank of Nigeria Limited has announced the launch of its newly designed website at https://www.firstbanknigeria.com/. According to the leading...
Dangote commits $700m to sugar production The management of Dangote Sugar Refinery Plc has said it is committing over $700m to its sugar projects to support...
Zoom launches $100 million Zoom Apps fund for developers Zoom is launching a $100 million venture fund that’s meant to spur growth in the...
Analysts forecast inflation to print higher rate in April By Olamide Onabanjo Following release of purchasing manager index (PMI) report on Thursday which revealed...
CBN to impose forex restriction on wheat, sugar importation The Central Bank of Nigeria (CBN) is set to impose forex restrictions on the importation...
Investors lose N33bn as bears reclaim NGX floor Negative sentiments resurfaced in the local bourse on Thursday as bears displaced by the bulls the...
To sanction operators frustrating e-dividend The Securities and Exchange Commission has stated that it will continue to engage players in the Fintech space and...
Overnight rate expands on CBN’s OMO auction The overnight lending rate expanded by 275bps to 15.0%, following outflows for CBN’s weekly OMO auction. The...