Opeyemi Kalejaiye

Thanks to a 722 percent loss in foreign exchange (FX), Dangote Cement has recorded a 148 percent increase in finance costs in the first half of 2022, the highest in the last six years. This…

DataPro, the Technology-driven credit rating agency, has affirmed NOVA Merchant Bank Limited’s long-term rating of A+ and short-term ratings of A1 with a stable outlook. The rating agency…

The interest income of Nigerian banks rose in the first half of 2022 after a much-needed boost from higher interest rates. The analysis of the nine banks that have released their…

Multiverse mining and exploration Plc posted its first profit in nine years of N61 million in the first half of 2022 (H1 2022), findings by BusinessDay have shown. Data gleaned from the…

The issuance of short-term corporate debt has spiked as Nigerian firms took advantage of the low cost of finance and short maturity period to bolster working capital. In the first half of…