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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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Finance & Economy
Fitch Upgrades Fidelity Bank to ‘B’; Outlook Stable
Fitch Ratings has upgraded Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) to ‘B’ from ‘B-‘. The Outlook is Stable.…
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News
Oil marketers urge FG to pay outstanding bridging claims
The Association of Distributors and Transporters of Petroleum Products (ADITOP) has expressed dissatisfaction over unpaid bridging claims owed to its…
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Finance & Economy
2022 Half Year Review and Outlook – Navigating Through the Global Economic Disruptions
The audacity of hopes that the global economy will continue to gravitate towards a sustainable growth path after the inimical…
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News
NNPC Transits into a Limited Liability Company
The inauguration of the Nigerian National Petroleum Company Limited is poised to reshape the oil and gas industry in Nigeria…
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