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Author: Markets Reporters

FEATURED Latest Money TOP STORIES 

‘CBN spent $1.3bn to defend naira in two months’

April 27, 2021April 27, 2021 Markets Reporters 0 Comments Adeola Adenikinju, CBN defends naira, CBN MPC

A member of the Monetary Policy Committee of the Central Bank of Nigeria has said the CBN spent over $1.3bn

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FEATURED General Stocks TOP STORIES 

Cadbury Nigeria posts 62% drop in quarterly profit

April 27, 2021April 27, 2021 Markets Reporters 0 Comments

Cadbury Nigeria Plc has reported a profit after tax of N241.58 million for the quarter ended Mar. 31, 2021, down

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FEATURED Latest Money TOP STORIES 

Ecobank Group’s quarterly profit rises 23% to N30.5bn

April 27, 2021April 27, 2021 Markets Reporters 0 Comments Ecobank Group

Ecobank Group has posted an increase of 23 percent in its profit after tax for the first quarter of 2021,

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FEATURED Latest Stocks TOP STORIES 

Transcorp’s Q1 profit soars 2,426% as revenue rises

April 27, 2021April 27, 2021 Markets Reporters 0 Comments Transcorp

Transnational Corporation of Nigeria Plc has reported a profit of N2.04 billion for the quarter ended Mar. 31, 2021, compared

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FEATURED Latest Stocks TOP STORIES 

Register for e-dividend, SEC urges investors

April 26, 2021April 26, 2021 Markets Reporters 0 Comments Edividend registration in Nigeria, SEC Nigeria

The Securities and Exchange Commission has again urged investors in the capital market to register for e-dividend so that they

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FEATURED Latest Stocks TOP STORIES 

Nigerian Breweries’ profit rises 39% despite COVID-19 impact

April 23, 2021April 23, 2021 Markets Reporters 0 Comments COVID-19, Nigerian Breweries

Nigerian Breweries Plc has reported a profit before tax of N11.51 billion for the first quarter ended Mar. 31, 2020,

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FEATURED Latest Money TOP STORIES 

Stanbic IBTC reports 45.34% drop in quarterly profit

April 23, 2021April 23, 2021 Markets Reporters 0 Comments Stanbic IBTC Holdings

Stanbic IBTC Holdings Plc has posted a profit after tax of N11.26 billion for the first quarter of this year,

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FEATURED Latest Stocks TOP STORIES 

Africa Prudential posts N380m profit, revenue up 172%

April 23, 2021April 23, 2021 Markets Reporters 0 Comments Africa Prudential

Africa Prudential Plc,  a share registration service provider, has reported a profit after tax of N380 million for the quarter

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FEATURED Latest Stocks TOP STORIES 

Transcorp appoints new directors, CEOs for subsidiaries

April 23, 2021April 23, 2021 Markets Reporters 0 Comments Transcorp

The Board of Transnational Corporation of Nigeria Plc has announced the appointments of Mr Victor Famuyibo and Mallam Ahmadu Sambo

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Economics FEATURED Money TOP STORIES 

Nigeria’s forex ban on sugar, wheat may drive up inflation: Capital Economics

April 23, 2021April 23, 2021 Markets Reporters 0 Comments Capital Economics, CBN forex ban on sugar, wheat

The Central Bank of Nigeria’s ban on the use of foreign exchange for the importation of sugar and wheat could

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