News
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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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Half- year 2022: Zenith Bank’s Profit Before Tax,Grows 11%, Hits N130B
Zenith Bank has re-affirmed its industry leadership and consistency in providing superior financial returns as indicated by its impressive performance…
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MTN Nigeria kicks off 5G pilot in Ngeria
Prepares for commercial launch in seven cities MTN Nigeria has kicked off an open 5G pilot in the lead-up to…
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Stanbic IBTC posts N31 billion PAT in H1 2022
Stanbic IBTC Holdings Plc has posted a profit of N31 billion for the first half of the year 2022, a…
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Reps ask NIPC to explain N1.19bn unapproved spending
The house of representatives committee on public accounts has commenced an investigation into the N1.19 billion spent by the Nigeria…
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Investors Lose N13.99bn as NGXASI Dips by 0.05%; Debt Market Size Advances by 0.03% to Close at N29.09trn; IEFX Rate Depreciates to N429.34
Equities Nigerian Equities Market maintained negative market sentiment to open the week on a negative note as key market indicator…
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Reps summon TCN over $33m payment to GenCo
The House of Representatives’ Committee on Finance has dismissed representatives of the Transmission Company of Nigeria over their failure to…
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Oil firms owe banks N5.93tn amid losses, theft
The combined bank borrowing to oil firms operating in the downstream and upstream subsectors of the Nigerian oil and gas…
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NCC granted us a five-month extension on 5G rollout, says Mafab
Mafab Communications Limited, a telecommunication company, says it has been issued a five-month extension for its 5G network rollout by…
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