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Finance & Economy
FG: 23 States, FCT Received N24.45bn from Conditional Grant Schemes in Seven Years
The Federal Capital Territory (FCT) and 23 states in the country have received N24,450,000,000 from the Conditional Grant Schemes as…
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Finance & Economy
Investors Lose N516.69bn as NGXASI Dips by 1.86%
Nigerian Equities Market closed on a negative note as the bears continue to dominate trading activities amid intense sell pressure.…
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Finance & Economy
Zenith Bank Retains Position as Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000…
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Finance & Economy
CBN MPR Hike; Of Big Issues and Bigger Headaches
With uncertainty and anxiety ruling global money markets, given the backdrop of historical inflation rate increases and tight monetary policy…
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Finance & Economy
Proshare Queries Tier 1 banks Classifications, urges CBN to Reshuffle the Card Deck
As research indicates that banks like Stanbic IBTC and Fidelity Bank should qualify for the top-tier classification Although Nigeria’s Central…
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Corporate Scorecards
Unilever Nigeria Plc Declares N1.91bn PAT in Q2 2022 Unaudited Results
Unilever Nigeria Plc released its Q2 2022 Unaudited results for the period ended June 30th 2022. Key Highlights Revenue grew by 11.9% from N39.15bn to N43.81bn.Profit before tax stood at N2.98bnProfit after…
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News
Oil & Gas: House to Probe JV Operations, Contracts Sharing
The House of representatives has set up an Ad-hoc Committee to investigate all Joint Venture (JV) operations and Production Sharing…
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News
Rising security concerns compounding Nigeria’s economic woes, says NACCIMA
First Deputy President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin-Oye (left); National President, Ide…
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Finance & Economy
CBN clarifies warning on criminal currency conversion
The Central Bank of Nigeria (CBN) on Thursday explained that the statement made by the Governor, Godwin Emefiele, at the…
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Finance & Economy
Debt servicing now surpasses revenue by N310bn
The cost of servicing debt surpassed the federal government’s retained revenue by N310 billion in the first four months of…
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