FCMB Announces N17.7bn Profit for 2019 First City Monument Bank (FCMB), one of Nigeria’s leading lenders, reported a profit after tax of N17.72 billion, up from...
Lagos Debt to Revenue Hits 813.41% -FRC Lagos State, Nigeria’s commercial capital, total debt to revenue in 12 months rose over 800 percent, according to a...
FG Seeks Approval for $17bn Loan from China President Muhammadu Buhari led administration on Tuesday defended why the Federal Government needs $29.96 billion loan. According to...
Stock Investors Lose Another N52.1b as NSE Extends Decline Nigerian stock investors on Tuesday recorded another loss as the Nigerian Stock Exchange (NSE) declined by N52.1...
Non-Performing Loans: Lenders Recover 34% of Bad Debt from ICT Nigerian lenders have started recoverying non-performing loan from telecommunication companies, according to a recent report from...
Nigerian Stock Market Loses N160 on Monday The Nigerian Stock Exchange (NSE) loss N160 billion on Monday following weeks of positive run. The NSE All-Share Index...
N2.44trn Currency in Circulation in 2019 The total currency in circulation grew from N2.2 trillion in the month of November to N2.44 trillion in December 2019,...
NSE Announces Growth Board for SMEs The Nigerian Stock Exchange (NSE) has launched a new index for Small and Medium Enterprises (SMEs), stated the Chief Executive...
Chinese Stocks Plunge to Record-Low Amid Coronavirus Chinese stocks plunged 9.1 percent on Monday to make the worst opening in almost 13 years as investors fear...
Guinness Nigeria Reports N1.9bn Drop in Profit Guinness Nigreria Plc, one of the leading beverage and alcohol companies in the country, announced a N1.9 billion decrease...
