Nigeria downgraded on FTSE Russell equity indices
FTSE Russell equity indices are used by investors across the world as equity benchmarks
FTSE Russell equity indices are used by investors across the world as equity benchmarks
Like most lenders that have some of their assets denominated in foreign currency, the bank earned big from a slide...
Unity Bank’s foreign exchange revaluation loss for the period stood at N35.4 billion, compared to N16.2 million a year earlier.
A panel session at the dialogue advocated the need for watchdog agencies to concentrate on their core regulatory functions rather...
"This is the time to invest in Nigeria. I speak as a private sector investor in Nigeria, the companies in...
Shares in Oando, which has a secondary listing in Johannesburg, jumped by 9 per cent in Lagos at 10:56 WAT,...
Fidelity Bank’s gross earnings for the period rose roughly by 60 per cent to N247.1 billion.
The directors have proposed an interim dividend of N0.50 per share, translating to a payout of N14.7 billion.
Ardova’s executive director for finance, Moshood Olajide, has been named to take the position.
Dangote Sugar, NASCON and Dangote Rice are all members of the conglomerate Dangote Industries Limited controlled by Africa’s richest.
Revenue improved by almost one-third from N1.2 trillion a year earlier. But profit for the year is nothing compared to...
The index has returned 29.7 per cent since the beginning of the year.
The pace of growth for 2023 is now seen at 2.7 per cent in contrast to an initial forecast of...
Among the key highlights of Mr Elumelu’s speech was a perennial exodus of young, homegrown talents to the West on...
Part of a bigger push to help assuage the pain of sourcing the greenback, which is in limited supply in...
The three ministers have the herculean task of formulating measures to strengthen the Nigerian economy, ranging from stabilising the naira,...
Stanbic IBTC Holdings has adopted a new name for its financial technology arm that came to life in May after...
At N18.6 billion, foreign currency costs ate up what was posted in gross profit, throwing its bottom line into a...
The appointment was approved by the Central Bank of Nigeria as well as the shareholders of the financial services group,...
Eight of Africa’s biggest economy’s bonds had ranked among the 20 worst-performing in the world in London at 10:45 WAT
Sterling Financial Holdings Company has yielded 157 per cent so far this year, making it Nigeria’s best-performing banking stock.
Nigeria’s dollar bond due in 2030 sank 2.295 cents to its lowest level in the past one month on Friday...
Credit loss expense for the apex bank rose to N875.2 billion from N498.2 billion a year earlier, according to its...
The project will now be due by 2025, with Siemens Energy citing logistics setbacks in the form of receipt of...
The decision cuts GSK’s ties of more than half a century with Africa’s largest economy, where it commenced business in...
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