Finance & Economy
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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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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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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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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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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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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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CBN MPC Raises MPR to 14% at the End of July 2022 MPC Meeting
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has today concluded its two-day meeting in July 2022. …
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Inflation to Continue Soaring in June 2022 to 18.4% – FDC
The CPI report for June is scheduled to be released today (July 15th, 2022) by the NBS. Based on our…
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How The UK Will Regulate for The Future
Being a Speech By Nikhil Rathi, UK Financial Conduct Authority Chief Executive, Delivered At The Peterson Institute For International Economics…
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UBA Leads other Banks in CAR FY. 2021
UBA had the highest Capital Adequacy Ratio ,CAR, at 24.90%, in 2021,a metric indicating the health and safety of banks…
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