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Author: Markets Reporters

FEATURED Latest Stocks TOP STORIES 

[EXCLUSIVE] Dangote Cement, BUA lost N640bn in market value in Q1, Lafarge gained

April 4, 2021April 4, 2021 Markets Reporters 0 Comments BUA Cement, Dangote Cement, Lafarge Africa, Nigerian cement industry

Two of Nigeria’s biggest cement producers posted stock losses in the first three months of this year as N640 billion

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FEATURED Latest Money TOP STORIES 

We needed N1bn to buy Access Bank but had only N200m – Aig-Imoukhuede

April 3, 2021April 3, 2021 Markets Reporters 0 Comments Access Bank, Aigboje Aig-Imoukhuede, Herbert Wigwe, Leaving the Tarmac: Buying a Bank in Africa

A former Group Managing Director of Access Bank Plc, Mr Aigboje Aig-Imoukhuede, has said he and his partner, Mr Herbert

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FEATURED Latest Stocks TOP STORIES 

AIICO Insurance profit drops to N4.98bn

April 3, 2021April 3, 2021 Markets Reporters 0 Comments AIICO Insurance

AIICO Insurance Plc has reported a profit of N4.98 billion for the financial year 2020, down from N5.72 billion a

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FEATURED Latest Stocks TOP STORIES 

Studio Press Nigeria reports 86.84% profit decline

April 3, 2021April 3, 2021 Markets Reporters 0 Comments Lithographic printing, Studio Press Nigeria

Studio Press Nigeria Plc has posted a profit after tax of N37.55 million for the financial year 2020, down 86.84

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FEATURED Latest Stocks TOP STORIES 

CAP profit falls by 29.8% as COVID-19 hammers sales

April 3, 2021April 3, 2021 Markets Reporters 0 Comments Chemical and Allied Products Plc, David Wright, Paints and coatings

Chemical and Allied Products Plc, a Nigerian paints and coatings company, has said its total profit for the financial year

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FEATURED Latest Stocks TOP STORIES 

Omatek Ventures’ loss widens to N2.09bn, survival threatened

April 3, 2021April 3, 2021 Markets Reporters 0 Comments Omatek Ventures

Omatek Ventures Plc saw its loss widen sharply to N2.09 billion in the 2020 financial year from N1.37 billion a

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Economics FEATURED Latest TOP STORIES 

Nigeria borrows more from China, debt hits $3.26bn

April 3, 2021April 3, 2021 Markets Reporters 0 Comments Chinese loans to Nigeria, Debt Management Office

Nigeria’s borrowing from the Exim Bank of China rose by $90 million last year, the latest data from the Debt

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FEATURED Latest Technology TOP STORIES 

Chams reports N944.88m annual loss amid COVID-19

April 2, 2021April 2, 2021 Markets Reporters 0 Comments Chams, Identity management

Chams Plc has posted a loss after tax of N944.88 million for the 2020 financial year, compared with a profit

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FEATURED Latest Stocks TOP STORIES 

Presco’s profit rises 37% as revenue hits N23.89bn

April 2, 2021April 2, 2021 Markets Reporters 0 Comments Oil palm, Presco

Presco Plc has reported an increase of 36.98 percent in its profit after tax for the 2020 financial year, compared

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FEATURED Latest Money TOP STORIES 

Six biggest Nigerian banks earned N467.42bn fees, commissions in 2020

April 2, 2021April 2, 2021 Markets Reporters 0 Comments Biggest Nigerian banks, fee and commission income

Six of the biggest commercial banks in Nigeria boosted their combined net fee and commission income to N467.42 billion last

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