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Latest:
  • Access Bank’s Fintech Hydrogen Posts Lower Annual Profit of N1.65 Billion
  • Profit at Access Bank’s Parent Rises 15% to N743 Billion
  • Geregu Power’s Q1 Profit Plunges 80% After Otedola’s Exit
  • Tinubu Splits Energy Advisory Role, Hires Ex-Power Minister Babalola, Moves Verheijen to Oil and Gas
  • PROFILE: Joseph Tegbe, Ex-KPMG Chief Who Lost Governorship and Senate Bids, Tapped as Power Minister
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Economics FEATURED Latest TOP STORIES 

Companies paid N393bn in taxes to Nigerian govt in Q1: NBS

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Company Income Tax, NBS

The company income tax paid to the Nigerian government rose to N392.77 billion in the first quarter of this year

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FEATURED Latest Technology TOP STORIES 

Airtel Africa’s profit rises as revenue hits $3.91bn

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Airtel Africa, Raghunath Mandava

Airtel Africa Plc reported on Wednesday a profit after tax of $415m for the year ended Mar. 31, 2021, up

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Economics FEATURED Latest TOP STORIES 

[UPDATED] TCN says Nigeria’s power grid restoration ongoing

May 12, 2021May 12, 2021 Markets Reporters 0 Comments power grid collapse in Nigeria, Transmission Company of Nigeria

The Transmission Company of Nigeria has said the restoration of the country’s power grid, which collapsed on Wednesday morning, is

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Economics FEATURED Latest TOP STORIES 

Nigeria’s debt-to-revenue ratio ‘alarmingly high’, says FDC

May 12, 2021May 12, 2021 Markets Reporters 0 Comments debt to revenue ratio, Financial Derivatives Company

While Nigeria has a low debt to GDP ratio of 34.4 percent, its debt to revenue ratio is alarmingly high

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FEATURED Latest Stocks TOP STORIES 

FSDH Funding SPV lists N12bn bonds on FMDQ Exchange

May 12, 2021May 12, 2021 Markets Reporters 0 Comments FMDQ Exchange, FSDH Funding SPV, FSDH Merchant Bank

FMDQ Securities Exchange Limited has announced the approval of the listing of the FSDH Funding SPV Plc N7.05 billion Tranche

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Economics FEATURED Latest TOP STORIES 

Fitch revises Nigeria’s outlook to stable, says challenges remain

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Fitch Ratings, Nigerian economy

A global credit rating agency, Fitch Ratings, said it had revised Nigeria’s outlook to stable from negative. It said in

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FEATURED Latest Stocks TOP STORIES 

FMDQ Exchange admits Coronation Merchant Bank’s CPs

May 10, 2021May 10, 2021 Markets Reporters 0 Comments Banjo Adegbohungbe, Commercial paper, Coronation Merchant Bank

FMDQ Securities Exchange Limited has approved the quotation on its platform of the Coronation Merchant Bank Limited N0.71 billion Series

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Economics FEATURED Latest TOP STORIES 

Slash salaries of political office holders, not workers’ pay, TUC tells FG

May 10, 2021May 10, 2021 Markets Reporters 0 Comments Trade Union Congress of Nigeria, Zainab Ahmed

The Trade Union Congress of Nigeria has asked the Federal Government to slash the salaries of political office holders in

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FEATURED Latest Money TOP STORIES 

Nigerian banks turn to ruthless strategies in market share race – FDC

May 10, 2021May 10, 2021 Markets Reporters 0 Comments Financial Derivatives Company, Nigerian banks

Amid growing competition from telecommunications and financial technology companies, some Nigerian commercial banks are adopting ruthless strategies to expand their

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FEATURED Latest Money TOP STORIES 

FCMB Group appoints new non-executive director

May 10, 2021May 10, 2021 Markets Reporters 0 Comments FCMB Group, Muibat Ijaiya

FCMB Group Plc has announced the appointment of Ms Muibat Ijaiya to its board as an independent non-executive director, following

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