Ikeja Hotel reports N6.72bn annual loss amid COVID-19
Ikeja Hotel Plc has posted a loss after tax of N6.72 billion for the 2020 financial year, compared with a
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Author: Markets Reporters
FCMB profit rises, customer deposits hit N1.26trn
FCMB Group Plc has reported a profit after tax of N19.61 billion for the 2020 financial year, 13.09 percent higher
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Total Nigeria’s profit falls to N2.06bn, revenue down 30%
Total Nigeria Plc has said its profit for the 2020 financial year dropped by 9.65 percent to N2.06 billion, compared
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Nigeria’s forex reserves end falling streak after nearing one-year low
Nigeria’s foreign exchange reserves have ended a falling streak that brought the reserves near a one-year low despite a significant
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NNPC’s fuel sales revenue hit N289bn in December
The Nigerian National Petroleum Corporation has said it generated N288.77 billion in revenue from the sale of petroleum products in
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Access Bank gets go-ahead to acquire South Africa-based bank
Access Bank Plc, Nigeria’s biggest lender, announced on Friday that it has received the approvals of the South African and
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Seplat prices $650m senior notes offering
Seplat Petroleum Development Company Plc announced on Thursday that it has priced its offering of $650 million in aggregate principal
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Interest rate hike now unavoidable in Nigeria, says FDC
With Nigeria’s inflation rate at a four-year high, an increase in interest rates is not only imminent but now inevitable,
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Dangote Cement gets board’s nod to tap debt market
Dangote Cement Plc, Africa’s largest cement producter, has said it is contemplating debt funding options under its planned N300 billion
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One year of remote trading: The NSE experience
By NSE A year ago, the Nigerian Stock Exchange made the bold move to activate its business continuity plan, which
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