Data obtained from the Central Bank of Nigeria on Wednesday showed that the nation’s foreign exchange…
World Bank portfolio in Nigeria soars to $8.52bn
Investigation has shown that Nigeria’s liabilities to the World Bank Group now stands at $8.52bn. Statistics…
Caverton, Champion Breweries led other percentage gainers, despite NSEASI decline of 0.30%, Wednesday
The Nigerian Bourse on Wednesday extends decline from the previous trading session as the All Share…
Omoluabi mortgage reports marginal 1.39% PAT decline in Q2 ‘18
Omoluabi Mortgage PLC earnings shows the bank had a marginal decline in both its…
CAP Plc declares 11% Revenue boost, Nets N917million H1 ’18
According to its half year scorecard released to the market on Tuesday 24th July, 2018, Cap…
CEOs of insurance companies panic over emergency meeting
Matthew Otoijagha Panic has gripped the Chief Executive Officers of insurance firms following the invitation extended…
Nahco Aviance Half year PAT soars 137% to N418.6bn in 2018
Nacho Aviance Nigeria Plc has recorded a massive boost in its Net profit for the half…
Osibanjo, Others Woo US Investors to boost Nigerian Economy
The Vice President, Prof Yemi Osibanjo and the Executive Secretary of the Nigerian Content Development and…
Insurers consider utilization of BVN to curb fraudulent claims
Matthew Otoijagha The Insurance Industry in a bid to curtail incidences of fraudulent insurances is considering…
FG to inject $55m as start-up capital for Nigeria Air
The Federal Government on Tuesday provided a breakdown of how the new national carrier, Nigeria Air,…
Dangote arranges $4.5 bn to finance oil refinery
Africa’s richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his…
Lafarge Africa Plc (WAPCO) Declares N3.90bn Loss in H1 2018
Lafarge Africa (WAPCO) published its Q2 2018 results which showed that the company lost significantly…
Caverton’ Profit after Tax Jumps 61.8% in Q2 2018
Caverton Offshore Support Group PLC (COSG), the leading provider of marine, aviation and logistics services to…
Dangote Sugar files declined Half year reports, states seeming challenges
Dangote Sugar Plc, a part of Dangote Group dynasty has reported declined post-tax profits of N12.5…
NEM Insurance Reports 20.79% H1 2018 Profit Rise
NEM Insurance PLC’s revenue for half year ended 30th June 2018 rose by 12% from N8.11bn to…
Nascon Allied Industries Grows Half-year Profit by 12.4% to N1.96bn
Nascon Allied Industries Plc on Monday announced its financial results for the half year ended June…