Britain mulls $625m GSK/ Sanofi COVID-19 vaccine deal
The Britain Government said it is close to a $ 624 million supply deal with Sanofi and Glaxosmithkline for 60 million doses of a potential COVID-19 vaccine.
Clinical trials are due to…
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At 11th AGM, Caverton plc looks into the future with renewed optimism amid pandemic…
Companies across the globe are now adjusting their future earnings as the double whammy impact of novel covid-19 and plunging oil price continue to impact business operations. And for…
Nigerian Banks’ Q1 20 profit increases slightly amid regulatory headwinds
Twelve Nigerian banks grew profit 3 percent in the first three months of the year at N262.1billion from N253.87billion amid regulatory headwinds that have continued to squeeze lenders’…
Weekly wrap up: Nigeria Covid-19 recoveries hit 2,000
Almost a third of patients confirmed with covid-19 in Nigeria have recovered, according to figures released by the National Centre for Disease Control (NCDC).
As at 22nd May, the total…
COVID-19: Weekly wrap-up
Nigeria recorded more than a ten-fold increase in the number of coronavirus (COVID-19) patients in the month of April.
Specifically, confirmed cases ballooned from 174 on the 1st of April…
Updated: Fitch downgrade worsens Nigeria’s dollar-debt prospects
Nigeria's hope of raising dollar-denominated cash in the Eurobond market to finance its deficit may have finally hit the rocks as rating agency, Fitch, downgraded the country's long-term…
Sterling Bank commences N30bn Commercial Paper programme
Sterling Bank has announced plans to raise up to N30 billion in its series 1&2 commercial paper program. The series 1 &2 are with a tenor of 177 and 260 days respectively, with an…
Coronavirus: Tailwind drives gain in tech stocks as firms adopt remote working
As the global markets continue to grapple with the effect of deadly coronavirus, investor appetite is shifting towards stocks of companies that are perceived to benefit from the growing…
Ardova plc: Will renew focus on alternative energy consolidate its impressive topline…
Nigeria’s downstream sector of the oil and gas industry is laden with several industry headwinds. Despite the discovery of crude oil in Nigeria some 64years ago, the sector is still evolving…
Seplat’s profit surges 13.5% on tax incentives despite lower production, oil price
Seplat Petroleum Development Company Plc, Nigeria’s largest listed Oil & Gas firm by market value, rode on a tax holiday to increase its profit by 13.5 percent despite lower production…