Nigerian manufacturers have shown signs of financial improvement in the second quarter of 2024 with losses significantly reduced following a drop in finance costs and the...
The Nigerian stock market experienced a setback as it shed N279 billion in value on Tuesday to extend its decline. This latest dip marks a 0.50%...
Union Bank of Nigeria PLC (UBN) has seen a sharp decline in its credit ratings, according to a recent downgrade by Fitch Ratings. The international credit...
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has successfully paid 82.36% of insured depositors with funds exceeding N5 million in the now-defunct Heritage...
The Lagos High Court has ordered Union Bank Plc to pay N112,050,000 in damages for the wrongful sale of a prime property located at No. 6,...
The Nigerian Exchange Limited (NGX) appreciated last week as market capitalization closed at N55.978 trillion. This growth, amounting to a gain of N481 billion, was primarily...
Ecobank Transnational Incorporated has reported profit after tax of N311 billion for the first half of 2024, representing a 96% increase from the N105 billion recorded...
Adebayo Adelabu, Nigeria’s Minister of Power, has announced a significant milestone in the nation’s energy sector, declaring a 25% increase in power generation within a year...
Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors....
Zenith Bank Plc, Nigeria’s largest bank by profit, has presented a unique investment opportunity through its ongoing hybrid rights and public offers, providing both existing shareholders...
