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GTCO Report Profit Before Tax Of N151.91 Billion 2021 Q3
Guaranty Trust Holding Company Plc has reported a profit before tax of N151.91bn for the third quarter of 2021,…
Oil Drops Ahead Of Stocks Data, Iran Talks
Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a…
Nigeria’s Per Capita Income Static In 40 Year – World Bank
The World Bank made a startling revelation that Nigeria’s per capita income (PCI) has not improved in the last 40…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24…
Shares Of FBN Holdings Plc Rise By 127 Percent To 350,541,662
The volume of activities on the shares of FBN Holdings Plc, the parent company of First Bank Nigeria Limited rose…
Sterling Edges Up, Stuck Within Recent Ranges
Sterling rose slightly on Monday but remained within recent ranges as analysts said concerns about economic growth…
E-Naira – Emefiele Announces New ‘100 For 100’ Instrument
President Muhammadu Buhari has launched the Central Bank of Nigeria (CBN) digital currency, the e-Naira.
While…
What To Know About Nigeria Digital Currency
On Monday, President Muhammadu Buhari unveiled eNaira, Nigeria’s digital currency.
At the launch, Buhari said…
World Bank Frowns At Nigeria Plan To Spend N2.9tn On PMS Subsidy
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on…
Analysts Projects A Spike In FBN Holdings Share Price
Shareholders and analysts in the Nigerian capital market have projected a rise in the share price of FBN Holdings…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform.
The eNaira is a…
CBN Introduces E-Naira Speed Wallet And E-Naira Merchant Wallet
The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday.
The…
Newly listed Nigerian Exchange Group Led Gainers With 23.94 Percent
Newly listed Nigerian Exchange Group Plc traded high at the end of last week’s transaction on the equities sector…
AMCON Yet To Pay Arik Air Unsecured Debt Since It Took Over
The Asset Management Corporation of Nigeria “AMCON” has refused to pay to the aviation agencies N9.6 billion and…
HSBC Pre-Tax Profit For Q3 Jumped 75.8 Percent
HSBC on Monday reported third-quarter earnings that handily beat expectations and announced plans for a share…
President Of Federal Republic Of Nigeria To Unveil Central Bank Digital Currency…
President Muhammadu Buhari will unveil the Central Bank Digital Currency, known as the eNaira, today at the State…
PayPal Says It Is Not Interested In Acquiring Pinterest
U.S. payments giant PayPal said that it is not currently interested in buying social media platform Pinterest.…
MFS Africa Makes “Second-Highest” Fintech Acquisition In Nigeria
MFS Africa, the largest pan-African digital payments hub, announced that it had signed an agreement to acquire…
34 Oil Companies Disbursed $896.891 Million Social Expenditure
Thirty-four foreign and indigenous oil companies disbursed $896.891 million as social expenditure in the 12 months…
Tesco Website And App Down After Online Hack Attempt
Tesco’s online grocery store website and app have been removed by hacking attempts, retail giants said.
The…
FBNH’s Equity In Airtel Nigeria Could Be Over N200 Billion
FBN Holdings Plc, a major beneficiary of Airtel Africa’s buy-back of the unquoted shares of Airtel Nigeria, could…
FBN Holdings Now Aware Of Mr Otedola’s 5.07% Equity Stake
FBN Holdings Plc, the holding company of First Bank of Nigeria, says it has received notification that Femi…
Dangote Cement Plc: PAT Of N191.6 Billion
Dangote Cement Plc built an after-tax profit of N191.6 billion at the end of its half-year trading in June 2021.…
Facebook To Pay For News Content In France
Facebook said Thursday it had reached an agreement with some French newspapers to pay for news content shared by…
Court Satisfied With MultiChoice Deposit Of N8 Billion in Tax Case
At the hearing in Lagos on Wednesday, the administrative court said it was satisfied that MultiChoice had…
Femi Otedola Acquire 30 Billion Worth Of Shares In First Bank
From having a humongous loan portfolio of N192 billion in 2012 via his then Zenon Petroleum and Gas Ltd which was…
Facebook, Twitter, Other Social Media And Digital Advertising Companies Stocks…
Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in…
IMF Project 2.7 Percent Economic Growth For Nigeria In 2022
The International Monetary Fund, IMF, has projected a 2.7 per economic growth for Nigeria in 2022 and 2.6 per cent…
Exxon Mobile Reduce Production In Chad
Exxon Mobil said on Wednesday it had temporarily cut back production at its unit in Chad and reduced staffing in…
German software giant “SAP” Q3 Revenue Is 20% Above 2020 Q3 Revenue
German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost…