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Naira weakens further to 506 against dollar

July 17, 2021July 17, 2021 Markets Reporters 0 Comments CBN, naira, naira-dollar exchange rate

The Nigerian currency fell against the dollar at the parallel market on Friday to a new record low. The naira

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FEATURED Latest Stocks TOP STORIES 

United Capital reports N3.74bn profit in six months

July 17, 2021July 17, 2021 Markets Reporters 0 Comments United Capital

United Capital Plc has reported a profit before tax of N3.74 billion for the first half of the 2021 financial

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FEATURED Latest Stocks TOP STORIES 

Unilever Nigeria returns to profit, posts N1bn in Q2

July 17, 2021July 17, 2021 Markets Reporters 0 Comments Unilever Nigeria

Unilever Nigeria Plc has reported a profit before tax of N1.04 billion for the second quarter of the 2021 financial

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Economics FEATURED Latest TOP STORIES 

Nigeria limits sugar imports to Dangote, two other firms

July 16, 2021July 16, 2021 Markets Reporters 0 Comments CBN, sugar imports

The Central Bank of Nigeria has said only three companies will be allowed to import sugar into the country. The

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FEATURED Latest Stocks TOP STORIES 

SEC okays Dangote Cement’s share buyback programme renewal

July 10, 2021July 10, 2021 Markets Reporters 0 Comments Dangote Cement, Dangote Cement share buyback, SEC Nigeria

Dangote Cement Plc, Africa’s largest cement producer, has announced the approval by the Securities and Exchange Commission of the renewal

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FEATURED Latest Money TOP STORIES 

Naira weakens to 505 against dollar as forex reserves dip

July 10, 2021July 10, 2021 Markets Reporters 0 Comments CBN, Forex reserves in Nigeria, naira

The Nigerian currency fell against the dollar at the parallel market on Friday as the country’s foreign reserves look set

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FEATURED Latest Stocks TOP STORIES 

FMDQ Exchange admits FBNQuest Merchant Bank’s commercial paper

July 9, 2021July 9, 2021 Markets Reporters 0 Comments Commercial paper, FBNQuest Merchant Bank, FMDQ Exchange

FMDQ Securities Exchange Limited has approved the quotation of the FBNQuest Merchant Bank Limited N7.34 billion Series 19 Commercial Paper

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Economics FEATURED Latest TOP STORIES 

[EXCLUSIVE] Nigeria’s forex reserves hit 44-month low, lose $14.65bn in three years

July 8, 2021July 8, 2021 Markets Reporters 0 Comments Bismarck Rewane, Central Bank of Nigeria, Forex reserves in Nigeria

Nigeria’s foreign exchange reserves have tumbled to the lowest level in more than three years and eight months, despite the

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FEATURED Latest Thinkpiece TOP STORIES 

Adversity: Will it polish you up or grind you down?

July 8, 2021July 8, 2021 Markets Reporters 0 Comments Adversity, Harvey Mackay

By Harvey Mackay The village blacksmith pumped the bellows to prepare his furnace fire and placed a piece of iron

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FEATURED Latest Stocks TOP STORIES 

Infinity Trust Mortgage Bank posts 93% quarterly profit rise

July 8, 2021July 8, 2021 Markets Reporters 0 Comments Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank Plc has reported a profit before tax of N145.83 million for the second quarter of 2021,

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