Business

Pre-tax profit came to N7.1 billion, relative to the N4.1 billion recorded in the corresponding period of last year.

The announcement comes as the company tries to deal with a damaging scandal.

Fidelity makes the selection for trading below its intrinsic value.

The currency rose significantly from 422 t0 415 against a dollar.

This came amid speculation that the U.S. Securities and Exchange Commission is set to begin trading the first U.S. bitcoin...

The uptrend continued to rely on exploding demand for the shares of FBN Holdings.

When compared on a monthly basis, the prices of goods and services actually rose as the headline index climbed between...

The advance was triggered by a huge demand for the shares of FBN Holdings, Champion Breweries, Seplat and Fidelity Bank.

The committee gave the banks two weeks to reconcile their accounts with the consultant working with it or risk removal...

The currency traded at N415.10 to the dollar.

Wednesday’s advance rested on the performances of FBN Holdings, GTCO, UBA, Access and Champion Breweries, with a couple of mid-cap...

The lawmakers also called for zero allocation for MDAs which refused to implement the 2020 budget as appropriated.

Listing by introduction enables a company to list shares already in issuance without the need to raise new funds or...

Ms Gebreyes is the founding partner of Satya Capital Ltd., a private investment firm specialising in Africa-related investments.

At the black market in Abuja, dealers exchanged the naira at the range of N567.00 and N568.00 per $1 on...

FBH Holdings, ETI, Champion Breweries and Access drove the rally, which was partly supported by an almost threefold leap in...

Dollar supply at the official market rose nonetheless.

Nearly six months in the making, the deal was first announced in April with a definite buyout expected at mid-year.

The vice president also said the CBN appeared to be in competition with government ministries and agencies in implementing certain...

The all-share index eased by 154.14 points to at 40,714, while market capitalisation scaled down to N21.2 trillion.

The disruption affected calls and data services.

The government plans to borrow to plug a gaping N6 trillion deficit in 2020 at the time public debt has...

The index is up 1.48 per cent so far this year.

Petroleum Minister Sylva says the Act will also boost oil reserves from 37 billion barrels to 40 billion barrels.

"Well, first of all, I think we need to understand that as large as the size of this budget might...