News
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Markets reverse as Tinubu reforms lose steams
Nigerian stocks and Eurobonds are now taking a breather from Bola Tinubu’s blistering start to life as President with signs…
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Honourable Zaphaniah Bitrus Jisalo Becomes 1st FCT Indigene as Minister
President Bola Tinubu of Nigeria has made a lasting impact on the hearts of the indigenes of the Federal Capital…
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Jumia Records Lowest Losses in 4 Years
The impact of high inflation on Jumia is underscored by the loss of a staggering one million customers in Nigeria…
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Farmers Prematurely Harvest Produce Amidst Flood Warnings
The Nigerian Meteorological Agency has reportedly issued a recent forecast indicating forthcoming days of cloudiness, rainfall, and thunderstorms across the…
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FBNH Shareholders Assent to Capital Raise
Following the conclusion of the share capital raise of Fidelity Bank through a Private Placement of 3.04bn ordinary shares of…
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Crude Oil Outlook Brightens as Forcados Terminal Resumes Export
In a potential rebound from the decline witnessed in July, Shell has announced that the Forcados export terminal has resumed…
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Nigeria’s FX Reserve Mechanism May Require Review as Stakeholders Gaze at the US$18bn Net Position
The recent scare about Nigeria’s net external reserve position has triggered a maelstrom of public commentaries ranging from tepid to…
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Manufacturing firms’ profitability down by 351% in H1 amid soaring OPEX
• Investors urge govt to grant moratorium to sectorThe harsh operating environment has triggered a downturn in the performance of…
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PenCom to RSA holders: take advantageof Non-Interest Fund VI
The National Pension Commission (PenCom) has urged Retirement Savings Account (RSA) holders to take advantage of the benefits of the…
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MTN Nigeria Communications Plc Proposed Issuance of up to N100bn Series 6 & 7 Commercial Paper Notes
MTN Nigeria Communications Plc has notified s the public of its proposed issuance of up to N100 billion Series 6…
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