Ronchess Blames Challenges, Interest Charges as Keystone Bank Loan Goes Awry
By Lydia Oluremi Ronchess Global Resources Plc said challenges faced by the project it used the loan obtained from Keystone
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Zenith Bank Swings to Record N1.09trn FX Gain
Zenith Bank, Nigeria’s second-biggest lender by market capitalisation, swung to a foreign exchange revaluation gain of N1.09 trillion last year
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Zenith Bank’s Annual Profit Hits N1trn for First Time
Zenith Bank, Nigeria’s second-biggest lender by market capitalisation, posted a trillion-naira profit after tax last year for the first time
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Bharti Airtel’s Boss Vittal Becomes GSMA’s New Chair
The board of directors of the GSMA elected Gopal Vittal, vice chairman and managing director of Bharti Airtel, as its
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UBA profit falls 20% in Nigeria, windfall levy rises
The United Bank for Africa (UBA) saw its profit after tax fall by almost a fifth in Nigeria last year,
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Niger Delta group plans protest against Tinubu’s actions in Rivers
The Niger Delta Congress (NDC) has called for a protest in Rivers State against President Bola Tinubu’s declaration of state
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Nigeria’s official FX market posts 34% drop in weekly liquidity
The liquidity in the Nigerian official foreign exchange market fell by over a third this week, according to data from
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Mutual Benefits shares back for trading after 8-month ban
The Nigerian Exchange Limited has lifted the suspension on trading in the shares of Mutual Benefits Assurance Plc. The company
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Nigeria’s revenue agency FIRS taps Flutterwave for tax collections
Flutterwave, an African payments technology company, is now enabling digital tax collections for the Federal Inland Revenue Service (FIRS), making
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NNPC says Port Harcourt refinery producing fuel despite ‘minor incident’
The Nigerian National Petroleum Company Limited says the Port Harcourt Refining Company remains operational and continues to produce on-spec refined
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