Union Bank records N11.5 billion Net profit H1 ‘18

Union Bank of Nigeria Plc in its unaudited results for the half year ended 30th June…

Stockswatch on radio with Abayomi Obabolujo July 26 ’18

NAICOM raises capital base for insurance firms by over 100%

The National Insurance Commission (NAICOM) has released the new capitalisation requirements for insurance firms in the…

Industrial council moves to improve FTZs’ operations

The Nigeria Industrial and Competiveness Advisory Council has moved to review fiscal arrangements and incentives applicable…

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…

NSE Inducts 20 New Authorized Dealing Clerks

The Nigerian Stock Exchange (NSE) on Tuesday, July 24, 2018, inducted 20 recently qualified Dealing Clerks…

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…

Experts chart ways to raise pension funds in private equity

Matthew Otoijagha Financial Experts have deliberated on how pension funds could be utilized to add more…

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…