Business
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Access Bank, Barclays, Others Launch Global Banking Principles
Access Bank Plc has launched the Global Principles for Responsible Banking. The bank which is as one of the founding...
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United Capital Launches Nigerian Diaspora Trust
With an increasing number of Nigerians living in the diaspora who want to start and grow investments back home, United...
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Agusto & Co assigns “Bbb-” rating, a negative outlook to Mixta Real Estate
Agusto & Co. Limited whose strong credibility presence and ratings are globally accepted in Nigeria, and across the globe has...
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IEI Anchor’s pension assets rise to N92bn
IEI Anchor Pension Managers Limited says its pension assets under management rose by 35 per cent to N92bn in the...
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Telecoms Sub-sector Lost N221bn in Two Years
Value Added Service (VAS) operators, a sub-sector in the telecoms industry, operating under the aegis of Wireless Application Service Providers...
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Sell-off persists, indices fall further by 0.3 per cent
Investors continued to dump the shares of highly capitalised stocks in the equities sector of the Nigerian Stock Exchange (NSE)...
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Stop debtors from contesting elections, judge urges AMCON
Now that the Asset Management Corporation of Nigeria (Amendment) Act 2019 has been signed into law by President Muhammadu Buhari,...
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SEC Moves to Develop Commodities Trading Eco-system
The Securities and Exchange Commission (SEC) is seeking the buy-in of policy makers and agencies of government as well as...
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Airbus Forecasts Need for over 39,000 Aircraft in 20 years
The world’s passenger and freighter aircraft fleet is set to more than double from today’s nearly 23,000 to almost 48,000...
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All-Share Index Sheds 0.13% as Banking Stocks Lead Price Losers
The Nigerian equities market closed on negative note yesterday following losses suffered by banking stocks. The market, which had recovered...
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Relief for ship owners as NPA waves charges for dry-docking of vessels
Ship owners in the country have heave a sigh of relief as the Nigerian Ports Authority (NPA) waves dues on...
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CBN imposes extra charges on cash deposits, withdrawals
Withdrawals and deposits of physical cash in Nigeria will now attract processing fees payable by individuals or corporate owners of...
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Four banks generate N24.3bn from account maintenance charges
Between January and June 2019, four leading banks generated N24.3bn from account maintenance charged on their customers’ accounts, investigation has...
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Abuja Trade Fair to Boost Financing for SMEs
The 13th edition of the Abuja International Trade Fair (AITF) will seek to stimulate Small and Medium Enterprises (SMEs) to...
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AIICO Insurance to create 16b new shares
AIICO Insurance Plc is arranging to increase its authorised share capital through the creation of 16 billion new ordinary shares...
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PPPRA: Nigerians Increasingly Switching from Kerosene to LPG
The Petroleum Products Pricing Regulatory Agency (PPPRA) has disclosed that Nigerians are increasingly moving away from using household kerosene for...
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Chinese investments in Nigeria’s real sector hit $3bn
As China marks 70 years of its establishment as a nation, and 48 years of diplomatic relations with Nigeria, the...
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FBNQuest Trustees Records N6trn Transactions
FBNQuest Trustees has disclosed that its liquid trust assets under management (AUM) is in the excess of N40 billion and...
Read moreUnity Bank, Airtel Africa, others lead stock market’s N100b loss
Trading on the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, following losses suffered by most bluechip stocks, especially...
Read more174m telecom subscribers spent N261bn on airtime in August
About 174.7 million telecom subscribers in the country spent at least N261billion on airtime last month. ADVERTISEMENT This figure is...
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Nigeria may get eight mega indigenous insurers post-consolidation
Like the 2004 banking sector consolidation that saw the emergence of mega banks, the June 2020 deadline for insurance sector...
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Indices rebound by improved H1 bank earnings, materials sub-sector
Improved half-year (H1) earnings reports presented by some banks and companies in the building materials sub-sector lifted market indices last...
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Quoted insurance firms seek N142.13bn capital raise
Following the recent increase in the minimum share capital of insurers by the National Insurance Commission, insurance firms listed on...
Read moreReport: Nigeria’s Sesame Seed Export Value to Hit N120bn Annually
A report by Agusto & Co has revealed that Nigeria’s sesame seed export value to Asia and Europe has potential...
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Zenith Bank investors tender $392.6m notes for cash
Investors in Zenith Bank Plc have tendered notes worth $392.6m in exchange for cash, following the bank’s invitation to repurchase...
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