The management of Nigerian Exchange Group (NGXGroup) on Thursday disclosed that Dr. Faruk Umar, an independent non-executive director of Nigerian Exchange Limited (NGX) divested N16 million...
MTN Group Ltd, the biggest telecoms operator in Africa, plans to proceed with a public offer to sell up to 575 million shares in its Nigerian...
Data from the National Bureau of Statistics (NBS) shows that the 36 states in the country and the Federal Capital Territory (FCT) earned N2.33 Trillion from...
First Bank of Nigeria Limited has announced the launch of its fully automated branch, called the FirstBank Digital Experience Centre. It disclosed this in a statement...
Stanbic Africa Holdings Limited has once again extended its investment in Stanbic IBTC Holdings Plc, according to the latest disclosure filing released by the bank’s management...
Moody’s Investors Service (“Moody’s”) has affirmed the African Development Bank‘s Aaa long-term issuer and senior unsecured ratings. The outlook remains stable. In a rating action note dated...
Wema Bank Plc, Nigeria’s innovative and value-driven bank, grew profit after tax by 135.8 percent to N6.235 billion in the nine months ended September 30, 2021,...
Figures from Stanbic IBTC Holdings Plc financial statements showed a 40 percent drop in profit for the nine months ended September 2021. The results which were...
Unity Bank Plc, one of Nigeria’s lenders, on Friday reported an impressive financial statement for the nine months ended September 30, 2021. The lender grew profit...
United Africa Company of Nigeria reported a 44 percent decline in profit before tax to N1.4 billion for the nine months ended September 30, 2021. Revenue...