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Author: Markets Reporters

FEATURED Latest Money TOP STORIES 

UBA profit rises 27.7%, customer deposits hit N5.68trn

March 8, 2021March 8, 2021 Markets Reporters 1 Comment pan-African banking group, UBA profit

The United Bank for Africa Plc has reported an increase of 27.7 percent in its profit after tax for the

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UBA profit rises 27.7%, customer deposits hit N5.68trn

March 8, 2021 Markets Reporters 0 Comments

The United Bank for Africa Plc has reported an increase of 27.7 percent in its profit after tax for the

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FEATURED Latest Stocks TOP STORIES 

Champion Breweries’ pretax profit up 102%, revenue hits N7.05bn

March 8, 2021March 8, 2021 Markets Reporters 0 Comments Champion Breweries, NSE

Champion Breweries Plc has reported an increase of 102.42 percent in its profit before tax for the 2020 financial year.

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FEATURED Latest Money TOP STORIES 

Why diaspora remittances collapsed in Nigeria – RenCap

March 8, 2021March 8, 2021 Markets Reporters 0 Comments CBN Naira 4 Dollar Scheme, Charlie Robertson, Diaspora remittances, RenCap

Diaspora remittance flows into Nigeria collapsed because of the wide gap between the country’s official exchange rate and the Bureau

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Energy FEATURED Latest TOP STORIES 

Oil price falls after climbing above record $70

March 8, 2021March 8, 2021 Markets Reporters 0 Comments Brent crude, Oil price hits $70, Saudi Arabia drone attack

Brent crude, the global oil benchmark, has dipped after rising above the $70 per barrel mark on Monday for the

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Energy FEATURED Latest TOP STORIES 

Seplat paid $564.17m to Nigerian govt in 2020

March 8, 2021March 9, 2021 Markets Reporters 0 Comments payments to governments, Seplat

Seplat Petroleum Development Company Plc announced on Monday that it paid a total of $564,165,102 to the Nigerian government last

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FEATURED Latest Stocks TOP STORIES 

NSE suspends trading in Union Diagnostic shares

March 7, 2021March 7, 2021 Markets Reporters 0 Comments NSE, Union Diagnostic

Trading in the shares of Union Diagnostic and Clinical Services Plc has been suspended, the Nigerian Stock Exchange has said.

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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks fall further, market value sheds N240bn

March 7, 2021March 7, 2021 Markets Reporters 0 Comments Nigerian stocks fall further, NSE

The Nigerian stock market extended its decline last week as the market capitalisation declined by N240 billion. The Nigerian Stock

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FEATURED Latest Stocks TOP STORIES 

Nigeria partners AfDB to develop green bond market

March 7, 2021March 7, 2021 Markets Reporters 0 Comments AfDB, Greeen bond market, NSE, SEC

The Securities and Exchange Commission and African Development Bank Group have signed an agreement on the Nigeria risk-based supervision framework

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FEATURED Latest Money TOP STORIES 

Nigeria’s inflation may be getting out of control – FDC

March 7, 2021March 7, 2021 Markets Reporters 0 Comments Inflation rate, Rising food prices

The inflation rate in Nigeria may be getting out of control, posing a threat to output growth, the Financial Derivatives

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