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Finance & Economy
FAAC shares N760.2 billion to FG, States, LGAs in September
The Nigerian Government disclosed that the Federation Account Allocation Committee (FAAC) allocated the sum of N760.235 billion to the Federal Government, states…
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Finance & Economy
Fidelity Bank Plc Reports N34.96bn PAT in Q3 2022 Unaudited Results
Key Highlights Revenue grew by 38.7% from N174.35bn to N241.89bn.Profit before tax stood at N37.79bnProfit after tax stood at N34.96bnShare…
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Finance & Economy
FBN Holdings Plc Declares N91.29bn PAT in Q3 2023 Results
Key Highlights Interest Income grew by 42.4% from N260.12bn to N370.36bn.Profit before tax stood at N105.49bnProfit after tax stood at…
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Finance & Economy
CBN’s Currency Redesign and The Cobra Effect
The Central Bank of Nigeria (CBN) announced that new designs of stashedN100, N200, N500, and N1,000 banknotes would be…
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News
Sanwo-Olu presents N1.69trn 2023 budget, says Lagos is a national asset
Babajide Sanwo-Olu, Lagos governor, has presented the 2023 budget to the state house of assembly. The N1.69 trillion ‘budget of…
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News
Oil falls as China widens COVID-19 curbs; still set for weekly gain
– Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs, but were…
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Finance & Economy
Nigeria Changes 50% of Currency Denominations
The Central Bank of Nigeria has announced a programme for the change of & design of four of the eight…
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Finance & Economy
Investors Lose N127.78bn as NGXASI Declines by 0.52%
Nigerian Equities Market closed negative as the key market indicator declined by 234.60bps amid positive market breadth The NGX All-Share…
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News
Seplat Energy Plc Reports N33.86bn PAT in Q3’22 Results, Proposes $2.5cents Interim Dividend; (SP: N1200.00k)
Key Highlights Revenue grew by 41.6% from N182.68bn to N258.72bn.Profit before tax stood at N77.47bnProfit after tax stood at N33.86bnShare…
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Finance & Economy
Zenith Bank Plc Reports N174.33bn PAT in Q3 2022 Results
Key Highlights Gross Earnings grew by 19.6% from N518.67bn to N620.57bn.Profit before tax stood at N202.55bnProfit after tax stood at…
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