Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Pre-registered SIM cards era in Nigeria over — Pantami
The Minister of Communications and Digital Economy, Dr Isa Ibrahim Pantami has said that the era of pre-registered SIM cards...
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Unilever Nigeria Assures Stakeholders on Growth, Profitability
The board and management of Unilever Nigeria Plc have assured the shareholders of their commitment to good corporate governance that...
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Neimeth, Cutix, others lead stock market N10b loss
The Nigerian Stock Exchange (NSE) reopened bearish yesterday, occasioned by losses in most blue-chip stocks, especially Neimeth International, and Cutix...
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E-Tranzact opens application for N7b rights issue
E-Tranzact International Plc has opened application list for its N7 billion rights issue, providing shareholders the opportunity to increase their...
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How insurers’ N97.2b claims settlement boost market penetration
Modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must determine...
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NNPC suffers 47% drop in petrol sales revenue
The Nigerian National Petroleum Corporation saw its revenue from petrol sales plunge by 47.38 per cent to N107.61bn in April...
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Axxela lists N11.5b bond on NSE, FMDQ
AXXELA Limited has con-cluded the dual-listing of its Axxela Funding 1 PLC N11.5 billion Series 1 Bond on the Nigerian...
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NSE’s Value of Trading Declines by 45%
The stock market witnessed a decline in value of investment by investors last week, committing only N7.436 billion as against...
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Border closure: Unsold inventory fell by N23.73b in 2019-MAN
The border closure may have been a blessing in disguise as local manufacturers reaped bountifully with many consumers patronising made-in-Nigeria...
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‘Curious gaps in bankers’ National Theatre deal’
• Role Of Bankers Not Properly Defined — Oni • Deal Strong On Leisure Industry, Weak On Creative Enterprise —...
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GBfoods completes N20b tomato processing factory in Kebbi
GBfoods, a major leader in the culinary product manufacturing, in partnership with the Central Bank of Nigeria (CBN), Kebbi State...
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No More Hiding Place for Loan Defaulters
Individuals and companies, who have the habit of borrowing from banks, with the intention of not paying back, may now...
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Anxiety as forex scarcity hit banks
Indications are that most deposit money banks (DMBs) operating in the country are practically struggling to meet daily demands of...
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Nigeria’s inflation rises to 12.56%, food prices surge
The consumer price index which measures inflation increased by 12.56 per cent (year-on-year) in June, the National Bureau of Statistics...
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Non-oil Exporters Want Govt to Fix Domestic Market
Stakeholders in the non-oil export business have asked the government to focus on addressing challenges in the domestic market so...
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Govts Urged to Support SMEs
Governments across all levels have been urged to intensify efforts to save small and medium sized enterprises (SMEs) in the...
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Foreign reserves drop to $36.12bn, says CBN
The country’s foreign reserves fell by $454.05m from $36.57bn on June 1 to $36.12bn on July 15, the latest figures...
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10 things you need to know about MTN’s e-SIM trial
MTN Nigeria has begun the trial of e-SIM services on its network based on approvals received from the Nigerian Communications...
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Jaiz Bank pays shareholders ₦884m maiden dividends
Shareholders of Jaiz Bank Plc, will receive their first ever dividend payment since the bank began operation. Shareholders of...
Read moreBellwethers push NSE’s indices further by N104 billion
Sustained bargain-hunting in most highly value stocks, especially MTN Nigeria, and Airtel, yesterday, lifted the Nigerian Stock Exchange (NSE) market capitalisation...
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Agusto & Co. affirms the “Aa-” rating and stable outlook assigned to Access Bank Plc.
The rating expires on 30 June 2021. The rating assigned to Access Bank Plc (‘Access Bank’ or ‘the Bank’) reflects its market...
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MTN begins trial of e-SIM in Nigeria
MTN Nigeria Plc has commenced the trial of embedded SIM services on its network as part of its drive to...
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NEXIM Bank Disburses N52.9bn to Boost Non-oil Activities
The Nigerian Export-Import Bank (NEXIM) has refuted allegations that it mismanaged a N50 billion-Central Bank of Nigeria (CBN) Export Development...
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Bargain hunting lifts NSE’s index by 0.06%
Following bargain-hunting in some blue-chips, especially Airtel Africa and Sunu Assurance, the domestic equities market closed positive for the first...
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Agusto & Co. affirms the “Aa-” rating assigned to United Bank for Africa Plc
The rating expires on 30 June 2021. The rating assigned to United Bank for Africa Plc. (“UBA” or “the Bank”)...
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