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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

Why more firms may leave Nigeria for Ghana, others – FDC

May 1, 2021May 1, 2021 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, Forex crisis in Nigeria

The difficulty faced by manufacturers in sourcing for foreign exchange to acquire raw materials may force more companies to leave

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FEATURED Latest Technology TOP STORIES 

MTN Nigeria’s Q1 profit rises by 42.35%

May 1, 2021May 1, 2021 Markets Reporters 0 Comments MTN Nigeria

MTN Nigeria Communications Plc has reported a profit after tax of N73.75 billion for the first quarter of 2021, up

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FEATURED Latest Money TOP STORIES 

FCMB Group’s quarterly profit drops by 24.36%

April 29, 2021April 29, 2021 Markets Reporters 0 Comments FCMB Group

FCMB Group has posted a profit after tax of N3.57 billion for the quarter ended Mar. 31, 2021, compared to

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FEATURED Latest Thinkpiece TOP STORIES 

The Cs you need to sail through life

April 29, 2021April 29, 2021 Markets Reporters 0 Comments Cs of life, Harvey Mackay

By Harvey Mackay I wrote a chapter in my recent book – “You Haven’t Hit Your Peak Yet!” – on

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves extend decline, fall below $35bn

April 29, 2021April 29, 2021 Markets Reporters 0 Comments Forex reserves in Nigeria

Nigeria’s foreign exchange reserves have dropped below the $35 billion mark, according to the latest data obtained by Markets Reporters

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FEATURED Latest Stocks TOP STORIES 

Seplat returns to profit, adopts quarterly dividend policy

April 29, 2021April 29, 2021 Markets Reporters 0 Comments Seplat adopts quarterly dividend policy

Seplat Petroleum Development Company Plc has reported a profit before tax of N10.6 billion ($28 million) for the quarter ended

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FEATURED Latest Money TOP STORIES 

GSK Nigeria reports N238.07m quarterly loss

April 27, 2021April 27, 2021 Markets Reporters 0 Comments GlaxoSmithKline Consumer Nigeria

GlaxoSmithKline Consumer Nigeria Plc has reported a loss after tax of N238.07 million for the quarter ended Mar. 31, 2021, compared

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FEATURED Latest Money TOP STORIES 

Fidelity Bank posts 64% increase in Q1 profit

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

Fidelity Bank Plc has reported an increase of 63.68 percent in its profit after tax for the quarter ended Mar.

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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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