Wema Bank appoints new executive director
The Board of Directors of Wema Bank Plc had announced the appointment of Mr Chukwuemeka Obiagwu as an executive director
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Nigeria’s stagflation caused by poor policy choices: Capital Economics
Nigeria is stuck in stagflation, occasioned by poor policy choices, a London-based economic research company, Capital Economics, has said. Stagflation is
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Nigeria’s forex reserves may fall to $33bn – Rewane’s FDC
Nigeria’s foreign exchange reserves may fall to $33 billion in the coming month despite higher crude oil prices, Financial Derivatives
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Airtel Africa mulls listing of mobile money business
Airtel Africa Plc has said it will explore potential listing of its mobile money business within four years. The telecommunications
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Union Bank’s annual profit grows to N25.4bn
Union Bank of Nigeria Plc has posted an increase of 2.8 percent in its profit before tax for the 2020
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Oil plunges to $62 on rising dollar, vaccination hurdles
Brent crude, the global oil benchmark, extended its decline on Thursday to its lowest level in two weeks on growing
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GTBank profit rises to N239.09bn, customer deposits up 39%
Guaranty Trust Bank Plc has reported a profit before tax of N239.09 billion for the 2020 financial year, up from
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DMO lists N162.56bn, seven-year Sukuk on NGX
The Debt Management Office has listed the N162.56bn, seven-year, FGN Ijarah Sukuk with a rental rate of 11.20 percent on
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Shell, Eni get victory in Nigerian oil corruption case
A Milan court, on Wednesday, acquitted Eni, an Italian energy major, and Shell along with a series of past and
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Ardova plans to establish N6bn bond issuance programme
Ardova Plc, formerly Forte Oil Plc, has said it is proposing to establish a N6bn bond issuance programme and potential
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