Union Bank’s N50bn Rights Issue Receives SEC’s Approval Union Bank has received approvals from the Securities and Exchange Commission to move forward on raising the N50bn...
NSE Suspends Trading on Avon Crowncaps’ Shares The Nigerian Stock Exchange has suspended trading on the shares of Avon Crowncaps & Containers (Nigeria) Plc from August...
Naira to Extend Gain Against Dollar The naira is expected to extend further its gain against the United States dollar owing to weak demand and increased...
Equities Market Declines by N185bn as 31 Stocks Slump The stock market, on Wednesday, depreciated by N185bn following drops in the share prices of 31 companies....
Fidelity Bank’s Half-year Profit Soars 67% on SME, Retail Strategy Nigerian lender, Fidelity Bank, has reported a strong financial performance in the first half of 2017,...
Q2 2017: Bad Loans in 10 Lenders Rise by N19bn From N216 billion recorded by 10 lenders in the first half of 2016 to N235 billion...
Nigeria’s External Debt May Hit N6.31tn in 2018 Following the move by the federal government to issue foreign bonds to refinance maturing naira-denominated treasury bills, Nigeria’s...
Naira Rebounds From One-Week Low The Nigerian Naira rebounded on Tuesday against the United States dollar after the Central Bank of Nigeria injected $250 million into...
Stanbic IBTC Grows Half-year Profit by 113% Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has reported a profit after tax at N24.112bn for...
Investors, Regulators, Others Set for 2017 US-African Conference Investors, regulators, prominent business leaders, business owners, potential investors, policy makers, leading academics are among the invited speakers...
