May & Baker Plc posts N4.06bn turnover, in Half Year 2019

May & Baker Nigeria Plc in its half year unaudited financial report for the period ended…

NAICOM seeks agencies’ support for insurers

The National Insurance Commission is engaging other regulatory bodies on how to assist the insurance companies…

External reserves drop to $43.67bn in five months

Nigeria’s foreign exchange reserves have dropped to a five-month low of $43.67bn, losing $1.23bn in 29…

NDIC urges MFBs to Fund MSMEs through moveable collateral

The Director, Special Insured Institutions Department, Nigeria Deposit Insurance Corporation, Mr Joshua Etopidiok, has called on…

Fashola restates commitment to complete ongoing, abandoned projects

  The Minister of Works and Housing, Babatunde Fashola, on Thursday said the Federal Government would…

UBA proposes 20 kobo interim dividend to shareholders, posts N56.74bn Profit after Tax in H1’19

United Bank for Africa in its half year audited financial report for the period ended June…

Nigerian Stock Market Gains N49bn, Closes 0.37% higher, Friday

The Nigerian equities market on Friday closed on a positive note as the All Share Index…

Fidelity Bank grew Profit after Tax by 15.55% in Half Year 2019

Fidelity Bank Plc released its half year financial report today, August 30, 2019. The Financial Institution…

Imota rice mill will be ready in seven months- Lawal

Lagos State Commissioner for Agriculture Prince Gbolahan Lawal has said the government-owned Integrated Rice Mill at…

Nigeria spent $14bn on food import in five years

Food product imports gobbled up $14.05bn of the foreign exchange supplied by the Central Bank of…

Nigeria to generate $56m from sugar production

The Executive Secretary, National Sugar Development Council, Dr Latif Busari, has said that reduced importation of…

Experts warn FG on further borrowing

  Economists and experts, contrary to the stand of the Federal Government that the nation only…

Nigerian Bourse closes lower by 0.66%, Thursday

Trading activities on the floor of the Nigerian Stock Exchange closed on a negative note as…

Ecobank announces transfer of IFC shares Arise B.V

International Finance Corporation has announced the completion of its divestment from Ecobank Transnational Incorporated. Ecobank had…

Ignite Investments increases stake in Forte Oil

Ignite Investments and Commodities Limited has  reviewed plans to increase its stake in Forte Oil Plc…

Sterling Bank sets to drive agric growth

Sterling Bank Plc has said it will work with policy makers, development agencies, international financial institutions,…

MPC members worry over FG, states’ debts

  Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed…

Anchor insurance secures audited financial statement accounts by NAICOM

Matthew Otoijagha Anchor Insurance Company Limited said it has secured approval of its audited financial statement…

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