Foreign investors cut Nigerian stock purchases to four-month low
Foreign investors cut their exposure to Nigerian stocks in June, with inflows falling to the lowest level in four months.
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FCMB posts N35bn forex gains in six months
FCMB Group, the parent company of First City Monument Bank Limited, made N35.19 billion in foreign exchange gains in the
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[OPINION] Building a door when opportunity doesn’t knock
By Harvey Mackay There are some people who spend their entire lives working with an attitude not unlike Snoopy, the
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Ikeja Hotel’s earnings more than triple in H1
Ikeja Hotel Plc posted a profit before tax of N2.06 billion in the first six months of 2024, up from
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Transcorp’s half-year profit surges nearly four-fold
Transnational Corporation Plc reported a profit before tax of N70.9 billion for the first half of this year, up 283%
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Dangote Cement’s half-year profit hits N190bn as revenue jumps 85%
Dangote Cement Plc, Africa’s largest cement producer, posted a 6.3% increase in its profit after tax to N189.9 billion for
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Senate invites NNPC, CBN, NIMASA, Dangote, others for questioning
The Senate has revealed its plan to invite the Central Bank of Nigeria, Nigeria Port Authority, Nigerian National Petroleum Company
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Airtel Africa swings to profit despite weaker Nigerian naira’s impact
Airtel Africa Plc reported a profit after tax of $31 million for the quarter ended June 30, compared with a
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Nigeria’s windfall tax on banks’ forex gains is credit negative: Moody’s
The proposed windfall tax on Nigerian banks by the government will significantly reduce the profits available to the lenders for
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Dangote refinery deserves government protection, says MAN
The Manufacturers Association of Nigeria has said Dangote refinery is deserving of government protection and support. MAN expressed concern over
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