Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
GTBank Gets CBN’s Approval-in-principle for HoldCo Structure
Guaranty Trust Bank Plc yesterday disclosed that it has obtained an approval-in-principle from the Central Bank of Nigeria (CBN) to...
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Cybersecurity: Experts Warn against Nigeria’s Vulnerability
Cyber-security experts in the country have warned against vulnerable websites of individuals and organisations across the country, saying it may...
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‘Dangote Refinery 80 Per Cent Completed’
The Dangote Petrochemical Refinery project in Lagos is now 80 per cent completed with production projected to begin by the...
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Chevron Nigeria gets new chairman/MD
Chevron Nigeria Limited has appointed Mr Richard Kennedy to the position of chairman and managing director, effective November 1, 2020....
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Bulls sustain dominance as index rises further by N4b
The bulls sustained their hold on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks appreciated...
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Firms expect borrowing, inflation rates to rise – CBN
The Central Bank of Nigeria has said the firms that participated in its latest business expectations survey expect borrowing and...
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Linkage Assurance Grows Assets to N32.9bn in Q3
Underwriting firm, Linkage Assurance Plc, said it grew its total assets to N32.9 billion at the end of the third...
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Fidelity Bank Posts N21.3bn Profit in Nine Months
Fidelity Bank Plc sustained its impressive financial performance with a strong third quarter results for the year 2020 released on...
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Oil price rises 2% after falling to $36
The international oil benchmark, Brent crude, gained nearly two per cent on Monday, shaking off earlier losses, as the United...
Read moreProfit-taking halts gaining streak as market capitalisation sheds N27b
As anticipated, profit-taking by investors at the Nigerian equities sector halted six days of bullish run to commence trading on...
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Below 40% of 5,120km pipeline operational in Nigeria, says NNPC
Nigerian National Petroleum Corporation (NNPC), has revealed that only 38 per cent of the over 5,120 kilometre owned by the...
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Dangote Sugar Refinery Grows Nine-month’s Profit by 81% to N27bn
Dangote Sugar Refinery (DSR) Plc has grown its profit after tax for the nine months ended September 30, 2020, by...
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Stock market gains N2.7tn in two months
Equity trading on the Nigerian Stock Exchange recorded a gain of N2.75tn in the last two months (September and October...
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Custodian Investment grows PBT to N7.3bn
Custodian Investment Plc, a non-bank financial institution quoted on the Nigerian Stock Exchange, has announced its result for the nine-month...
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Nigerian Breweries to pay N1.9b divined on Q3 earnings
THE board of directors of Nigerian Breweries (NB) Plc has earmarked about N1.9 billion for distribution to shareholders as interim...
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Jaiz Bank Explains Proposed N3.3bn Capital Raising, Denies Allegation of Board Crisis
The Managing Director/Chief Executive, Jaiz Bank Plc, Mr. Hassan Usman yesterday disclosed ongoing plans to raise an additional equity of...
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Foreign portfolio investments drop by N178.7b in Q3
FOREIGN portfolio transactions in the Nigerian markets declined by N178.66billion to N510.25 billion by third quarter 2020 as foreign investors...
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Anticipated gains push NSE index further by 6.39 per cent
Anticipation of improved corporate performance triggered bargain-hunting on the equities sector of the Nigerian Stock Exchange (NSE) last week, as...
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NNPC, FIRST E&P JV Commences Production In OMLs 83/85
The Nigerian National Petroleum Corporation (“NNPC”) and FIRST Exploration and Petroleum Development Company (“FIRST E&P”) Joint Venture has announced the...
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Banks in panic update of servers
• ‘Current cyber laws can’t help the financial system’ • Ministers admit govt agencies exposed • Experts want FG to scale...
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CBN: N75b youth fund begins with N12.5b seed capital
THE Central Bank of Nigeria has said the Nigeria Youth Investment Fund will take off with N12.5 billion seed capital....
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Rising against Extortion at Airport
A Nigerian who recently arrived the country from the Nnamdi Azikiwe International Airport, Abuja has petitioned Nigerian Customs Service over...
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Power generation hits all-time peak of 5,459MW – TCN
The Transmission Company of Nigeria on Thursday announced that the nation’s power industry attained another all-time national peak electricity generation...
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Broadband penetration hits 45.4%, as Reps commend NCC on sector’s developemt
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has informed that broadband penetration in...
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Will Nigerian Airlines Survive?
Chinedu Eze writes on the likely impact of the recent civil unrest in some states on Nigerian carriers which came...
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