IMF to Discuss Nigeria’s $3.4bn Loan Request The International Monetary Fund (IMF) has said its executive board would delegate on the new loan request from Nigeria,...
Stock Market Closes Higher on Tuesday The Nigerian Stock Exchange closed higher on Tuesday as blue-chip stocks rebounded from Monday decline. The gauge of performance, the...
Lafarge Africa Reports N15.517bn Profit in 2019 Lafarge Africa Plc has reported a N15.517 billion profit after tax from continuing operations. The company declared a gross...
Fitch Lowers Nigeria’s Foreign-currency Nigeria’s long-term foreign-currency issuer was downgraded from B+ to B by the Fitch Ratings on Monday. The negative outlook was a result...
FG to Borrow Another $6.9 Billion The Federal Government will raise another $6.9 billion from three foreign financial institutions, according to the Minister of Finance, Budget...
Weak Economic Activities May Force Banks to Cut Lending Weak economic activities due to lockdown in key states could prevent banks from lending money to the...
COVID-19: Stanbic IBTC Waives Account Maintenance, Interbank Charges Stanbic IBTC Bank Plc has introduced a number of waivers to help ease the impact of COVID-19 on...
Nigerian Stock Market Depreciates by 3.5% Last Week The Nigerian Stock Exchange extended decline last week as lockdown and economic uncertainty weigh on market sentiment. The...
FCMB Group Grows PBT by 9% in 2019 FCMB Group Plc grew profit before tax by 9 percent to N20.1 billion in the financial year ended...
NSE Gains N11 Billion on Thursday The Nigerian Stock Exchange (NSE) gained 0.1 percent on Thursday despite the drop in trading activity due to lockdown. The...
