Interest rate hike now unavoidable in Nigeria, says FDC
With Nigeria’s inflation rate at a four-year high, an increase in interest rates is not only imminent but now inevitable,
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Dangote Cement gets board’s nod to tap debt market
Dangote Cement Plc, Africa’s largest cement producter, has said it is contemplating debt funding options under its planned N300 billion
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One year of remote trading: The NSE experience
By NSE A year ago, the Nigerian Stock Exchange made the bold move to activate its business continuity plan, which
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Stanbic IBTC posts 11% profit rise, boosts dividend
Stanbic IBTC Holdings Plc has said its 2020 full-year profit after tax rose by 10.89 percent to N83.21 billion. The
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Tesla now accepts bitcoin from vehicle buyers – Elon Musk
The Chief Executive Officer of Tesla, Elon Musk, announced late Tuesday that it is now possible to buy Tesla vehicles
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Lafarge Africa reports 73% profit drop, proposes N16bn dividend
Lafarge Africa Plc has posted a profit after tax of N30.84 billion for the 2020 financial year, down from N115.10
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CBN disburses N1.49trn to farmers amid rising food inflation
The Central Bank of Nigeria said on Tuesday that it had so far disbursed N1.49 trillion to 3,038,649 farmers to
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Airtel to sell tower firms in Madagascar, Malawi for $108m
Airtel Africa has announced the signing of agreements to sell its telecommunications tower companies in Madagascar and Malawi to Helios
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Ecobank Group posts 68% drop in annual profit
Ecobank Group has said its profit after tax for the 2020 financial year dropped by 68 percent to $88.3 million
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Dangote Cement’s profit rises 38%, revenue hits N1.03trn
Dangote Cement Plc, Africa’s largest cement producer, saw its profit after tax for the 2020 financial year rise by 37.7
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