Sterling Bank’s Q1 profit falls to N2.04bn
Sterling Bank Plc saw its profit after tax decline to N2.04bn in the first quarter of this year. The lender
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Lafarge Africa gets new chairman as Balogun retires
Lafarge Africa Plc announced on Friday that Mr Mobolaji Balogun has notified it of his intention to retire voluntarily as
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Nigerian stock market ends nine-day gaining streak
The Nigerian stock market closed on a negative note on Friday, after recording gains for nine straight trading days. The
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Nigerian bourse commits N100m to tackle COVID-19
The Nigerian Stock Exchange says it has committed N100 million to support the fight against coronavirus in Nigeria. The NSE
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Foreign investors seek to exit naira assets, demand $1.8bn
Foreign investors are seeking to exit naira assets, with traders putting a backlog of demand for dollars at between $1.5bn
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COVID-19: NNPC, partners break ground for hospital in Bayelsa
The Nigerian National Petroleum Corporation and other operators involved in the oil and gas industry intervention initiative on COVID-19 have
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Nigerian oil, gas trainers face dearth of opportunities
Oil and gas trainers in Nigeria will be badly hit by the twin challenge of the COVID-19 pandemic and low
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$3.4bn loan will limit fall in Nigeria’s forex reserves – Mati
The International Monetary Fund’s Mission Chief for Nigeria, Amine Mati, in a conversation with ‘IMF Country Focus’, described the economic situation
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Can the Association of Nigerian Electricity Distributors declare force majeure?
By Dr Ayodele Oni Generally, the principle of privity of contract ensures that (except in very limited cases) the enforcement
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