Investors await interim dividends of major banks
Investors have stepped up demand for shares of the largest banks amidst expectations that the lenders will declare interim dividends...
Union Bank’s profit increases by 4%
Union Bank Nigeria Plc has announced a four per cent growth in its profit for the six-month period ended June...
Index Sheds 0.52%, NSE Appoints 2Baba Good Cause Ambassador
The stock market returned to bearish mode as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 0.52 per...
Agusto & Co Assigns a ‘Bb’ rating to SunTrust Bank
Nigeria’s first credit Rating Agency and a pan African leader in credit reports, Agusto & Co. limited whose strong credibility...
Barcelona not interested in Neymar now, says vice president
Barcelona vice president, Jordi Cardoner has ruled out a summer move for Brazilian international Neymar, who looks set to stay...
FG reduces oil licensing time to 72hrs
The Department of Petroleum Resources (DPR) on behalf of the Federal Government says it has reduced the turn-around time for...
Cahill Seals Crystal Palace Deal
Crystal Palace have signed former England and Chelsea defender Gary Cahill. The 33-year-old was released by Chelsea at the end...
Rodgers: Iheanacho knows his fate
Leicester City boss Brendan Rodgers has revealed that Nigeria forward, Kelechi Iheanacho, is well aware of his role at the...
Rising Prominence of Payroll Lending Activities in Nigeria – Agusto & Co. Report
Prior to the emergence of core payday lenders in the country, commercial banks dominated the financial services sector, providing loan...
Ending NNPC’s Deficit Position
From its monthly operations and financial reports, the Nigerian National Petroleum Corporation has identified that over the last one year,...
Oil price falls below $60 budget benchmark
The international oil benchmark, Brent crude, extended its decline on Monday, trading below Nigeria’s $60 per barrel budget benchmark. ...
Olam stakes N120b final offer for takeover of Dangote Flour Mill
OLAM International Limited has made a final of fer of N120 billion for the acquisition of 99.9 per cent equity...
Stakeholders worry as investors snub cheap equities
Investors’ continued neglect of equities and subsequent diversion to short-dated money market instruments despite the stock market attractive valuation has...
NSE crucial market indices resume trading with 0.14%
The Nigerian Stock Exchange (NSE) crucial market indices resumed trading for the week on Monday with a growth of 0.14...
Unfinished business fuels Tottenham’s ‘new chapter’
Fuelled by the pain of last season’s Champions League final defeat against Liverpool, Tottenham manager Mauricio Pochettino has vowed to...
Prestige gets N4.79b premium
Prestige Assurance Plc has posted a Gross Written Premium (GWP) of N4.792 billion in its 2018 financial year. This is...
Nigeria needs over $20b for power masterplan
Nigeria’s power system masterplan would require a massive investment of over $20 billion for power generation over the next 20...
Insurer generates N25.4 billion gross written premium in half-year
AIICO Insurance Plc has posted a Gross Written Premium (GWP) of ₦25.4 billion in half-year of 2019, against N19.2 billion...
AMCON takes over firm over N3.6bn debt
The Asset Management Corporation of Nigeria (AMCON) has taken over Bao Yao Futurlex Iron & Steel Company Limited in Abuja...
Nigerian Insurers May Lose 72% of Dangote Refinery’s Risk, Others
Nigerian insurance firms may lose 72 per cent of the insurance business in the Dangote Oil Refining Company whose insured...
Insurers’ cover to NNPC, Chevron rises to $157.992bn
The total insurance cover given to some major oil multinationals in the country by local underwriters rose to $157.99bn between...
Investors lose N141 billion in five trading days at Nigerian bourse
Negative sentiments witnessed on the equity sector of the Nigerian Stock Exchange (NSE) persisted until the close of transactions last...
FG shifts closure of Lagos-Ibadan Expressway to September 2
The Federal Government has moved the partial closure of portions of the Lagos-Ibadan Expressway to September 2, 2019. The partial...
Our officers not authorised to seize vehicle documents — FRSC
The Federal Road Safety Corps says its officers are not authorised to seize vehicle documents. It, however, noted that driver’s...
Oil slumps to $61 despite OPEC output cut
The international oil benchmark, Brent crude, dropped for the first time in six days on Thursday after the United States’...
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