Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
COVID-19: Rosabon offers Q2 Treasury Note at 16.5%
Rosabon Financial Services has offered for subscription, its second quarter Treasury Note of up to 16.5 percent as part of...
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Wema Bank Posts 56% Profit Growth in 2019
Wema Bank Plc has released its audited financial results for the year ended December 31, 2019, which showed that its...
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Nigeria’s Bonny Light sells below $10 as demand slumps
Nigeria’s premium grade, Bonny Light may continue to sell below $10 per barrel due to big discount on prices as...
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Q1: GTBank Records N113bn Revenue, N50 Profit After Tax
Guaranty Trust Bank (GTBank) Plc wednesday made public its unaudited financial results for the first quarter (Q1) ended March 31,...
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‘Remote Trading May Encourage Direct Transactions by Investors’
The full remote trading activated by the Nigerian Stock Exchange (NSE) last month may encourage direct transactions by interested investors,...
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Showing Resilience amidst COVID-19
The coronavirus pandemic, known as COVID-19, is blowing an ill wind that is doing nobody any good. The global economic...
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Risk Managers Urge Businesses to Adopt Post COVID-19 Survival Strategies
The Risk Managers Association of Nigeria (RIMAN) has urged businesses to adopt measures that would enable them survive post COVID-19...
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After N810bn gain, stock market records marginal loss
Transactions on the floor of the Nigerian Stock Exchange on Monday recorded a marginal loss to commence the weekly trading...
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Local airlines in dire straits as losses hit N360 billion
The current restriction of both local and foreign commercial flight services has forced domestic carriers into financial distress as cumulative...
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ABCON urges CBN on special window to boost capital inflow
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised the Central Bank of Nigeria (CBN) to establish...
Read moreOPEC: Oil Prices Lost Two-third of Value in First Quarter of 2020
The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that up to two-third of the value of oil prices were...
Read moreBrent crude crashes to $25, US oil falls below $1
The international oil benchmark, Brent crude, fell to $26 per barrel on Monday, as the demand collapse triggered by the...
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Business CEOs seek tax relief, zero-interest loans
Many Nigerian businesses are seeking tax relief and low-interest or zero-interest loans from the government to help them cope with...
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Africa Prudential’s profit drops by 10.4% to N341.8m in Q1
Africa Prudential Plc witnessed a contraction in earnings during the first quarter as the share registration company struggled with declining...
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Investors’ wealth soars by 7.19% despite rising COVID-19 cases
Despite one day public holiday declared by the Federal government last week Monday to mark the Easter celebration, in addition...
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VIPs, hospitals’ disregard for NCDC rules worries govt
• FG threatens to close private hospitals treating the rich, others • Patients’ refusal to disclose travel history endangers our...
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Banks recorded N11.44tn online payments in March
Bank customers carried out a total of N11.44tn worth of financial transactions on the Point of Sales and Instant payment...
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Flour Mills redeems N1b pledge
Flour Mills of Nigeria (FMN) Plc announced on Thursday that it has activated its action plan to support the Federal...
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Lockdown: Stock market gains N28bn in two weeks
Shareholders of quoted firms on the floor of the Nigerian Stock Exchange recorded a gain of N28bn during the first...
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FG to Raise N60bn through Bond Auction
The Debt Management Office (DMO) on behalf of the federal government is set to raise N60 billion through the FGN...
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‘Nigeria, others facing unprecedented threat to trade, development’
Nigeria and other sub-Saharan African (SSA) countries are facing an unprecedented health and economic crisis that threatens to throw the...
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Oil firms’ N4.58tn loan repayment under threat – Investigation
The coronavirus-induced sharp fall in global oil prices poses a threat to the ability of oil and gas companies in...
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FIC records N25.66 trillion turnover as indices soar by N344 billion
Turnover in the Fixed Income and Currency (FIC) markets stood at ₦25.66 trillion at the end of transactions last month,...
Read moreStock market index rises further by 2.32% despite lockdown extension
Despite government’s decision to extend the lockdown in Lagos, Abuja and Ogun states by additional 14 days, the Nigerian equities...
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Agusto: Financing SMEs Now Riskier
The Founder, Agusto & Co, Mr. Bode Agusto, in this interactive session at the end of a webinar, spoke about...
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