FBN Holdings Grows PAT by 43.2% in Q3, 2019 FBN Holdings Plc grew Profit After Tax (PAT) by 43.2 percent in the third quarter (Q3) of...
UBA Reports N24.9b Profit for Q3, 2019 The United Bank for Africa (UBA) Plc, one of Nigeria’s leading financial institutions, grew its profit by 28.05 percent...
Cashless Policy: CBN Excludes Government Accounts, MFBs, Others The Central Bank of Nigeria (CBN), has excluded all government revenue-generating accounts of the Federal, State and Local...
Forex Restriction: CBN Rejects IMF’s Call for Reversal The Central Bank of Nigeria (CBN) has rejected calls by the International Monetary Fund (IMF) to reverse the...
Coca-Cola Records $2.6bn Profit In Q3 2019 The Chief Executive Officer of Coca-cola, James Quincey, has revealed how the carbonated company was able to offset the...
Nigeria’s Foreign Portfolio Investment Surges in September The total value of transactions performed by foreign investors in the Nigerian Stock Exchange (NSE) rose by 47.81 percent...
CBN Kicks Against USSD Charges, Says Financial Inclusion at Risk The Central Bank of Nigeria (CBN) has kicked against MTN Nigeria’s recent message to subscribers, stating...
Nigerian Stock Exchange Depreciates 0.32% Last Week The Nigerian Stock Exchange (NSE) sustained its bearish trend last week despite measures to boost investment sentiment and stimulate...
United Capital Reports 11% Drop in Earnings in Q3, 2019 United Capital Plc, one of Nigeria’s leading investment banks, reported 11 percent decline in gross earnings...
LDR: CBN Refunds Part of N500b Fined DMBs The Central Bank of Nigeria (CBN) has started refunding Deposit Money Banks (DMBs) part of the N500 billion...