MTN Nigeria Plc has released its Q2 2023 results, revealing a concerning 64% year-on-year drop in pre-tax profits, amounting to N44.6 billion. This significant decline in...
Nigerian Breweries Plc has announced a revenue of N277 billion for the half year ended June 30, 2023. The company also noted it recorded an escalated...
In its Q2 2023 results, BUA Cement demonstrated robust financial performance, with a remarkable 26.52% year-on-year increase in profit before tax, reaching N40.963 billion for the...
Chairman of the Northern Independent Petroleum Marketers Forum (NIPMF), Musa Yahya Maikifi, raised concerns about the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) owing the...
The Central Bank of Nigeria (CBN) has asked banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit...
The Federal Competition and Consumer Protection Commission (FCCPC) has de-listed two Digital Money Lenders (DMLs) for illegal, prohibited and unregulated activities. The Executive Vice Chairman of...
Nigeria’s currency, Naira, has depreciated to N860 against the dollar. The exchange rate was, however, as high as N800/$ in the investors and exporters (I&E) window....
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s petrol daily consumption figure stands at 46.38 million litres per day, due to subsidy...
The Naira on Friday depreciated against the dollar, exchanging at N803.90 at the investors and exporters window. The Naira decreased by 7.72 per cent when compared...
Access Bank Plc has reached an agreement to acquire the sub-saharan subsidiaries of Standard Chartered Bank. In the acquisition deal, Standard Chartered will sell its shareholding...
An Ilorin-based legal practitioner, Kayode Jimoh, has advised members of the public to refrain from disclosing their bank account details to secure loans online. Jimoh told...
The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday imposed a fine of N120 million against Stanbic IBTC Bank over the bank’s failure...