Finance & Economy
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Investors Lose N27.93bn as NGXASI Dips by 0.10%; Overnight Rate Contracts by 0.50% to Close at 7.50%; BDC Rate Depreciates to N710
1. EQUITIES MARKET Source Proshare Niigeria Nigerian Equities Market closed in the negative territory as the key market indicator dipped…
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UBA Records Strong Double Digit Growth In Top and Bottom Lines, Declares N0.20k Interim Dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended…
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Emefiele Flags-off Second Phase of eNaira Project
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says the second phase of the eNaira project has begun…
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Audacious Fidelity Bank set to claim top spot, overtakes peers.
Fidelity Bank CEO: Nneka Onye-Ali Fidelity Bank has shown clearly where it is headed, the very top of its banking…
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Fidelity Bank Plc Posts Impressive H1 2022 Results as Profits Hits N25.1bn
· Proposes interim dividend of 10 kobo per share Leading financial institution, Fidelity Bank Plc, has released its H1…
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FBN Holdco H1 2022 Result Analysis: e-Banking Income Drops 11.4%, as Net Interest Income Climbs 40.48%
FBNH has shrugged off a few challenges that resulted in a Central Bank of Nigeria (CBN) intervention in 2021, which…
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Lafarge Cement Plc H1 2022 Results: Net Profit Rose 32.09% Despite Creeping Operating Costs
Lafarge cement pushed through economic headwinds in H1 2022 with a rise in top-line and bottom-line earnings. The cement producer…
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ECOBANK’s TACTICAL BATTLE AGAINST ITS TOUGHEST HEADACHE
Ecobank Transnational Incorporated (ETI) cast the image of a pan African bank . From the Anglo-West Africa, AWA, to Central,…
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Half year 2022: Wema Bank grows earnings by 50% on loan growth, higher yield environment
Wema Bank’s gross earnings for the half year 2022 grew by 50% y-o-y to N59.5 billion from N39.824 billion reflecting…
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Nigeria’s real GDP grows by 3.54% in Q2 2022 
Nigeria’s gross domestic product (GDP) grew by 3.54% year-on-year in real terms in the second quarter of 2022, an improvement…
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