Nigeria’s forex reserves hit one-month high after sinking to $33.08bn
Nigeria’s foreign exchange reserves have pared recent losses, rising to the highest level since June 28, 2021, the latest data
Read more
Latest
Shell appoints first female MD for Nigeria deepwater business
Global energy giant, Shell, has named Elohor Aiboni as the Managing Director of its Nigeria deepwater business, Shell Nigeria Exploration
Read more
Forex demand seen rising at I&E window on CBN action
Foreign exchange demand is expected to increase at the Investors’ and Exporters’ window following the stoppage of forex supply to
Read more
Nigerian stocks suffer N117bn foreign outflows in six months
Foreign investors withdrew a total of N116.72 billion from the Nigerian stock market in the first half of this year,
Read more
Ardova’s Q2 profit rises 123% despite revenue drop
Ardova Plc, formerly Forte Oil Plc, has posted a profit before tax of N2.61 billion for the second quarter of
Read more
Julius Berger Nigeria reports N2.55bn profit for Q2
Julius Berger Nigeria Plc has posted a profit before tax of N2.55 billion for the second quarter of this year,
Read more
GTB sets up forex teller points, vows to treat requests instantly, lists requirements
Guaranty Trust Bank Limited announced on Saturday that it had set up foreign exchange teller points for customers following the
Read more
Transcorp Hotels returns to quarterly profit
Transcorp Hotels Plc has posted a profit before tax of N92.93 million for the second quarter of this year, compared
Read more
Conoil reports 715.51% increase in quarterly profit
Conoil Plc, a major player in the Nigerian downstream oil sector, has reported an increase of 715.51 percent in its
Read more
Dangote Cement to inaugurate 3MT Edo plant in Q3
Dangote Cement has said its Okpella plant in Edo State, with a capacity of three million metric tonnes, will be
Read more