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Money

FEATURED Latest Money TOP STORIES 

FCMB Group’s quarterly profit drops by 24.36%

April 29, 2021April 29, 2021 Markets Reporters 0 Comments FCMB Group

FCMB Group has posted a profit after tax of N3.57 billion for the quarter ended Mar. 31, 2021, compared to

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FEATURED Latest Money TOP STORIES 

GSK Nigeria reports N238.07m quarterly loss

April 27, 2021April 27, 2021 Markets Reporters 0 Comments GlaxoSmithKline Consumer Nigeria

GlaxoSmithKline Consumer Nigeria Plc has reported a loss after tax of N238.07 million for the quarter ended Mar. 31, 2021, compared

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FEATURED Latest Money TOP STORIES 

Fidelity Bank posts 64% increase in Q1 profit

April 27, 2021April 27, 2021 Markets Reporters 0 Comments Fidelity Bank

Fidelity Bank Plc has reported an increase of 63.68 percent in its profit after tax for the quarter ended Mar.

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FEATURED Latest Money TOP STORIES 

‘CBN spent $1.3bn to defend naira in two months’

April 27, 2021April 27, 2021 Markets Reporters 0 Comments Adeola Adenikinju, CBN defends naira, CBN MPC

A member of the Monetary Policy Committee of the Central Bank of Nigeria has said the CBN spent over $1.3bn

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FEATURED Latest Money TOP STORIES 

Ecobank Group’s quarterly profit rises 23% to N30.5bn

April 27, 2021April 27, 2021 Markets Reporters 0 Comments Ecobank Group

Ecobank Group has posted an increase of 23 percent in its profit after tax for the first quarter of 2021,

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FEATURED Latest Money TOP STORIES 

Stanbic IBTC reports 45.34% drop in quarterly profit

April 23, 2021April 23, 2021 Markets Reporters 0 Comments Stanbic IBTC Holdings

Stanbic IBTC Holdings Plc has posted a profit after tax of N11.26 billion for the first quarter of this year,

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Economics FEATURED Money TOP STORIES 

Nigeria’s forex ban on sugar, wheat may drive up inflation: Capital Economics

April 23, 2021April 23, 2021 Markets Reporters 0 Comments Capital Economics, CBN forex ban on sugar, wheat

The Central Bank of Nigeria’s ban on the use of foreign exchange for the importation of sugar and wheat could

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FEATURED Latest Money TOP STORIES 

GTBank’s quarterly profit falls to N45.55bn

April 22, 2021April 22, 2021 Markets Reporters 0 Comments GTBank profit falls

Guaranty Trust Bank Plc has reported a profit of N45.55 billion for the period ended Mar. 31, 2021, compared to

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FEATURED Latest Money TOP STORIES 

CBN warns banks, others against rejecting lower dollar denominations, old bills

April 20, 2021April 20, 2021 Markets Reporters 0 Comments CBN, Nigerian banks rejecting lower dollar denominations

The Central Bank of Nigeria has warned deposit money banks and other authorised foreign exchange dealers in the country to

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FEATURED Latest Money TOP STORIES 

Forex scarcity: Naira tumbles to 486 against dollar

April 20, 2021April 20, 2021 Markets Reporters 0 Comments Forex scarcity in Nigeria, Naira against dollar

The Nigerian currency fell against the dollar on Tuesday at both the parallel market as well as the investors and

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