Finance & Economy
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HALF YEAR 2022: GTCO Still Sustains Industry Cost and Efficiency Leadership
The operating environment for banks in Nigeria was not quite clement in the first half of 2022 as it was …
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Prudential Zenith Life Insurance Records 75% Growth in Profit After Tax in Full Year 2021 Results
Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording…
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Nigerian Banks H1 2022 Scorecard – Coronation Research
The scorecard for the listed banks that have reported their H1 21 results is decent. We expect an improvement in…
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The State of Nigeria’s Economy…Not too Late to Turn the Curve
Whilst the world continues to recover from the COVID-19 pandemic, new shocks, such as the Russia-Ukraine conflict, and heightened inflationary…
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NT-Bills Update: Average Yield Decline Marginally by 7bps WoW to 7.57%
Last week, the Nigerian Treasury Bills (“NT-Bills”) secondary market witnessed a bullish sentiment as investors anticipated Primary Market Auction (“PMA”)…
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United Capital CEO Peter Ashade, Advocates Digital Technology to Improve Savings and Investments in Nigeria
Nigeria needs to leverage digital technology to grow savings and investments in the country. The Group Chief Executive Officer of…
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What to Expect from the Markets this Week
Nigeria Economy Analysts worry as Inflation Spikes To 17-Year High. Nigeria’s inflation rate surged to 20.52% Y-o-Y in August tallying…
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We Are Well-Positioned to Meet Africa’s Banking Needs – UBA CEO
The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank’s consistent…
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Nigeria signs €23m agreement with France to boost electricity supply
The federal government has signed a grant agreement of €25 million with the French Development Agency (AFD) for the Northern…
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Headline Inflation Increases by 20.52% YoY in August 2022 as Food Inflation Rises by 23.12%
All Items Index In August 2022, on a year –on- year basis, the headline inflation rate was 20.52%. This was…
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