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FEATURED Latest Stocks TOP STORIES 

Universal Insurance grows annual profit by 1,646%

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Universal Insurance

Universal Insurance Plc has reported an increase of 1,646 percent in its profit after tax for the 2020 financial year.

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FEATURED Latest Money TOP STORIES 

Naira plummets to record low against dollar at I&E window

February 15, 2021February 15, 2021 Markets Reporters 0 Comments FMDQ Group, I&E window, naira

The Nigerian currency extended its decline on Monday, falling to a record low against the dollar at the Investors’ and

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Economics FEATURED Latest TOP STORIES 

Okonjo-Iweala confirmed as WTO DG, reveals her top priority

February 15, 2021February 15, 2021 Markets Reporters 0 Comments Ngozi Okonjo-Iweala, WTO

The World Trade Organization has chosen Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala, as its first female and first African

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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks suffer N660bn loss amid profit-taking

February 13, 2021February 13, 2021 Markets Reporters 0 Comments Nigerian stocks, NSE, Profit-taking

Nigerian stocks finished lower at the end of trading in the second week of the month as investors continued to

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FEATURED Latest Money TOP STORIES 

CBN circulars on cryptos, others may be spooking foreign investors – FDC

February 13, 2021February 13, 2021 Markets Reporters 0 Comments Bismarck Rewane, CBN circulars, Financial Derivatives Company

The circulars from the Central Bank of Nigeria on cryptocurrency transactions, repatriation of export proceeds and diaspora remittances may be

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FEATURED Latest Money TOP STORIES 

Naira tumbles at I&E window, strengthens on black market

February 13, 2021February 13, 2021 Markets Reporters 0 Comments CBN, FMDQ Group, I&E window, naira

The Nigerian currency plunged by 1.17 percent on Friday against the dollar at the Investors’ and Exporters’ Foreign Exchange Window.

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Economics FEATURED Latest TOP STORIES 

Nigeria sets up infrastructure company to bridge huge deficit

February 12, 2021February 12, 2021 Markets Reporters 0 Comments Infra-Co, Infrastructure company, NSIA

President Muhammadu Buhari has approved the establishment of an infrastructure company, named Infra-Co, with an initial seed capital of N1

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Latest Money TOP STORIES 

AfDB, AGF to unlock $2bn loans for women entrepreneurs

February 12, 2021February 12, 2021 Markets Reporters 0 Comments AfDB, African Guarantee Fund, women entrepreneurs

The African Development Bank’s Affirmative Finance Action for Women in Africa programme has agreed a partnership with the African Guarantee

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Economics FEATURED Latest TOP STORIES 

Nigeria plans more borrowing, targets 40% debt-to-GDP

February 12, 2021February 12, 2021 Markets Reporters 0 Comments Debt-to-GDP, DMO

Nigeria, Africa’s biggest economy, is looking to increase its debt-to-GDP ratio to 40 percent by 2023 from10.35 percent at the

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FEATURED Latest Money TOP STORIES 

Ecobank Nigeria’s $300m bond oversubscribed by three times

February 12, 2021February 12, 2021 Markets Reporters 0 Comments Bond issuance, Ecobank Nigeria, Patrick Akinwuntan

Ecobank Nigeria, a wholly owned subsidiary of Ecobank Transnational Incorporated, has said its $300 million bond was more than three

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