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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

Nigeria’s economy seen shrinking in Q1 after exiting recession

May 22, 2021May 22, 2021 Markets Reporters 0 Comments NBS GDP report, Nigerian economy

The Nigerian economy is estimated to have contracted by 0.5 percent in the first quarter of this year after a

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Economics FEATURED Latest TOP STORIES 

Surprise as Nigeria’s inflation falls for first time in 21 months

May 17, 2021May 22, 2021 Markets Reporters 0 Comments Inflation rate in Nigeria

The inflation rate in Nigeria unexpectedly declined in April for the first time in 21 months, official data released on

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FEATURED Latest Stocks TOP STORIES 

Cornerstone Insurance posts 47% drop in annual profit

May 17, 2021May 17, 2021 Markets Reporters 0 Comments Cornerstone Insurance

Cornerstone Insurance Plc has reported a profit after tax of N2.19 billion for the financial year 2020, down by 47

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Energy FEATURED Latest TOP STORIES 

NNPC assures Egbin power station of increased gas supply

May 17, 2021May 17, 2021 Markets Reporters 0 Comments Egbin power plant, Mele Kyari, NNPC

The Nigerian National Petroleum Corporation has assured Egbin Power Plc of increased supply of gas in a bid to boost

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FEATURED Latest Money TOP STORIES 

Naira slumps to record low against dollar

May 14, 2021May 14, 2021 Markets Reporters 0 Comments naira, naira devaluation

The Nigerian currency fell to a record low on the official market on Friday, with lenders quoting it 7.7 percent

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FEATURED Latest Stocks TOP STORIES 

Unilever Nigeria to transfer tea business to new company

May 14, 2021May 14, 2021 Markets Reporters 0 Comments Unilever Nigeria tea business

Unilever Nigeria Plc announced on Friday that its Board of Directors had approved the steps required to implement the separation

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FEATURED Latest Stocks TOP STORIES 

Nigerian Breweries’ CEO steps down, successor announced

May 14, 2021May 14, 2021 Markets Reporters 0 Comments Hans Essaadi, Jordi Borrut Bel, Nigerian Breweries

Nigerian Breweries Plc has announced the resignation of its Managing Director/Chief Executive Officer, Mr Jordi Borrut Bel, effective July 30,

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FEATURED Latest Thinkpiece TOP STORIES 

Don’t let incompetence become your Titanic

May 13, 2021 Markets Reporters 0 Comments Harvey Mackay

By Harvey Mackay The Titanic was state-of-the art.  No expense had been spared to make sure that it would be

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Economics FEATURED Latest TOP STORIES 

Companies paid N393bn in taxes to Nigerian govt in Q1: NBS

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Company Income Tax, NBS

The company income tax paid to the Nigerian government rose to N392.77 billion in the first quarter of this year

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FEATURED Latest Technology TOP STORIES 

Airtel Africa’s profit rises as revenue hits $3.91bn

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Airtel Africa, Raghunath Mandava

Airtel Africa Plc reported on Wednesday a profit after tax of $415m for the year ended Mar. 31, 2021, up

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