Union Bank Raises N50 Billion from Existing Shareholders Union Bank of Nigeria Plc has successfully raised N49.7 billion through a Rights Issue from existing shareholders, showing...
Bank Loans, Collateral to Rise in Q1 –CBN Companies of all sizes will demand more loans during the first quarter of 2018 and commercial banks have...
FG Makes N909bn From VAT in One Year Between October 2016 and September 2017, the federation account received a total inflow of N908.9bn in Value Added...
Nigerian Banks Stop ATM Cash Withdrawal Abroad A number of Deposit Money Banks in the country have barred their customers from using debit and credit cards...
NNPC Posts N68.84bn Loss in 10 Months The Nigerian National Petroleum Corporation posted a group operating loss of N68.84bn between January and October 2017. According to...
Mobil Emerges Worst Stock in First Week of 2018 Mobil Oil Plc (11 Plc) has emerged as the worst-performing stock for the first week of 2018....
Market Capitalisation up N88bn Activities on the Nigerian Stock Exchange (NSE) on Friday sustained the positive slide with the market capitalisation appreciating further by N88 billion,...
Naira to Hit 360/dollar at Investors’ Forex Market The naira is expected to firm slightly to 360 per dollar at the Central Bank of Nigeria’s Investors...
Customs 2017 Revenue Rises to N1.37tn The Nigeria Customs Service has announced that five days to the end of 2017, it generated additional N25bn to bring...
China EXIM Bank, Firm to Fund NigComSat’s $550m Satellites The China EXIM Bank and a Chinese firm, the China Great Walls, have agreed to pay the...
