FCMB Declares PAT of N3.6bn For Q1 One of Nigeria’s leading banks, First City Monument Bank (FCMB) Plc, declared a profit after tax of N3.6 billion...
Oando Posts N4.6bn PAT in Q1 Nigeria’s leading indigenous energy group, Oando Plc, posted N4.6 billion profit after tax for the three months period ended March...
NSE Rebounds Slightly on Thursday to Gain N7.9bn The Nigerian Stock Exchange (NSE) gained N7.5 billion on Thursday following days of losses. Market capitalisation of the...
AfDB’s Commitments in Nigeria Now $4.5bn At the end of March 2019, the African Development Bank’s active portfolio in Nigeria rose to 60 operations with total...
CBN Decries Low Deposit Mobilisation among MFBs The Central Bank of Nigeria (CBN) has decried low deposit mobilisation by microfinance banks (MFBs) in the country. The...
RMB Nigeria Launches Online Transactional Banking Platform Rand Merchant Bank Nigeria (RMBN) has launched a banking solution known as ‘RMBN Digital,’ with the aim of at...
Average Nigerian Business Pays 48 Taxes, Says Elumelu The Chairman and founder of Heirs Holdings, Tony Elumelu, has said that an average business concern in Nigeria...
Custodian to Pay Shareholders 45kobo Dividend Custodian Investment Plc says it will pay its shareholders 45 kobo dividend for the 2018 financial period. The Chairman of...
Japaul Shares Jump Amid Acquisition Rumours Japaul Oil & Maritime Service rose to a five-month high on Wednesday following a renewed interest in the shares of...
Capital Budget: IMF to Spend US$86m in 2020 The International Monetary Fund (IMF) will spend US$86 million on capital projects in 2020, the Fund stated in...
