FCMB’s half-year profit surges 80% as interest income rises
FCMB Group has reported a profit after tax of N13.66 billion for the first half of this year, compared to
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US agency partners Access Bank, commits $280m for Nigerian SMEs
US International Development Finance Corporation (DFC) has signed a commitment letter for $280 million in financing for Access Bank Plc
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TotalEnergies achieves first oil from Nigeria Ikike field
TotalEnergies, which operates Oil Mining Licence 99 in partnership with the Nigerian National Petroleum Company, has announced the start of
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FG borrows N2.45tn from CBN in half-year, owes nearly N20tn
The Federal Government borrowed N2.46 trillion from the Central Bank of Nigeria in the first half of this year as
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Foreigners dump Nigerian stocks worth N123bn in H1
Foreign investors offloaded more Nigerian stocks in the first half of this year than they did in the same period
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Manufacturers want CBN to sweeten pill of rate hikes
Manufacturers are hopeful that the Central Bank of Nigeria will relax what they described as “stringent conditionalities” for accessing available
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More businesses will die in Nigeria, manufacturers warn
The inflation-induced increase in the monetary policy rate will lead to a further squeeze on businesses’ profits and heighten the
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NCDMB lauds Caverton for growth in offshore support service
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Simbi Wabote, has lauded Caverton Offshore Support Group on
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Red Star Express grows quarterly profit by 77%
Red Star Express Plc, a courier and package delivery company, has posted a profit after tax of N119.77 million for
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Blackout as Nigeria’s power grid suffers another collapse
Nigeria’s power grid suffered another system collapse on Sunday, the second time in just over two months, plunging homes into
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