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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Transcorp Hotels’ half-year profit nearly triples
Transcorp Hotels Plc posted a 188% increase in its profit before tax for the first half of this year compared
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CBN’s latest decision seen piling pressure on banks
The decision by the Central Bank of Nigeria to tweak the asymmetric corridor around the monetary policy rate (MPR) is
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Supporting local champions like Dangote key to Nigeria’s development – Otedola
Amid the dispute between Dangote Group and regulators in the oil sector, Femi Otedola, chairman of Geregu Power Plc, has
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CBN slows down rate hiking, delivers 50bps increase
The Central Bank of Nigeria has increased its monetary policy rate, also known as the key interest rate, by 50
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50-100bps rate hike likely as MPC concludes meeting – CSLS
The Central Bank of Nigeria (CBN) is anticipated to sustain its contractionary monetary measures as it concludes its fourth Monetary
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International Energy Insurance swings to N3.71bn loss in H1
International Energy Insurance Plc reported a loss after tax of N3.71 billion in the first half of this year compared
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I have no blending plant in Malta, NNPC boss Kyari responds to Dangote
Mele Kyari, group managing director of the Nigerian National Petroleum Company Limited, has said he does not have blending plant
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Naira expected to hit 1,700/$ ‘in the near time’, says FDC
The naira is expected to trade between 1,550 and 1,700 per dollar in the near term, Lagos-based Financial Derivatives Company
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