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Markets Reporters

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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

AfDB extends €145m loan to Egypt for railway upgrades

April 6, 2021April 6, 2021 Markets Reporters 0 Comments AfDB, Egypt National Railways Modernisation Project

The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and

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FEATURED Latest Money TOP STORIES 

Zenith, UBA, Access lose N141.35bn in market value — GTB, Stanbic, FBN gain

April 6, 2021April 6, 2021 Markets Reporters 0 Comments GTB, market cap of Nigerian banks, UBA, Zenith Bank

Three of Nigeria’s biggest banks posted stock losses in the first three months of this year as N141.35 billion was

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Latest Stocks TOP STORIES 

GSK Nigeria’s profit falls 32.15% amid COVID-19 pandemic

April 5, 2021April 5, 2021 Markets Reporters 0 Comments GlaxoSmithKline Consumer Nigeria

GlaxoSmithKline Consumer Nigeria Plc has said its profit after tax dropped to N622.23 million in the financial year 2020 from

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Latest Technology TOP STORIES 

CWG profit surges 509% as revenue rises to N11.72bn

April 5, 2021April 5, 2021 Markets Reporters 0 Comments CWG Plc

CWG Plc has said its profit after tax jumped to N443.15 million in the financial year 2020 from N72.74 million

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FEATURED Latest Stocks TOP STORIES 

Portland Paints posts N313.29m loss, poised to merge with CAP

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Portland Paints and Products Nigeria Plc, Portland Paints to merge with CAP

Portland Paints and Products Nigeria Plc, a subsidiary of UAC of Nigeria Plc, has reported a loss after tax of

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Latest Stocks TOP STORIES 

Meyer returns to profitability despite revenue decline

April 5, 2021April 5, 2021 Markets Reporters 0 Comments DN Meyer, Meyer Plc, paint manufacturing

Meyer Plc, a paint manufacturing company, has reported a profit after tax of N1.12 billion for the financial year 2020,

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Economics FEATURED Latest TOP STORIES 

IMF may provide debt service relief to 28 countries till April 2022

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Catastrophe Containment and Relief Trust, IMF debt service relief

The Executive Board of the International Monetary Fund has approved a third tranche of grants for debt service relief for

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FEATURED Latest Money TOP STORIES 

Two months after CBN ban, global crypto market cap hits $2tn

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Bitcoin, CBN cryptocurrency ban, cryptocurrency market cap

Two months after the Central Bank of Nigeria prohibited cryptocurrency transactions by regulated institutions in the country, the global cryptocurrency

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Economics Latest TOP STORIES 

Intensified action needed to end COVID-19, economic damage – G-24

April 5, 2021April 5, 2021 Markets Reporters 0 Comments G-24, Group of Twenty-Four nations, Vaccines

The Group of Twenty-Four nations has said intensified action is needed to end the COVID-19 pandemic and prevent long-term economic

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FEATURED Latest Money TOP STORIES 

Customer deposits in five Nigerian banks hit N25trn amid COVID-19

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Customer deposits in Nigerian banks

The total customer deposits in five Nigerian commercial banks rose by 32.33 percent in 2020 despite the impact of the

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