The operating efficiency of Diamond Bank, a Nigerian lender, has weakened given the rising operating expenses that culminated in a...
In the recent past Nigerians have been inaundated with issues bothering on the ongoing Bank Verification Number (BVN) and the...
Crude oil futures hit four-month lows on Monday after a steep drop in China’s stock markets spread concerns about the...
Nigeria’s Fidelity Bank expects to grow loans by 10 percent this year, short of 27.1 percent growth last year, the...
Abu Dhabi-listed Etisalat reported a 40 percent fall in second-quarter net profit on Tuesday that it blamed on its Saudi...
BP’s second-quarter profit slumped by nearly two thirds from a year ago on Tuesday as it grappled with lower crude...
Honeywell Flourmills said on Tuesday its 2015 pretax profit fell to 1.43 billion naira ($7.19 million), down 66 percent from...
Shares in South Africa’s MTN fell 5 percent as the company said it expects a drop in first-half earnings, blaming...
… as FCMB lists N26bn SPV bond on OTC platform Year-to-Date (YtD), FMDQ OTC plc has successfully attracted about N8.3...
Nigeria’s interbank lending rates rose on Friday to an average of 12 percent from 9.25 percent last week after a...
Diageo Plc fell after it said the Securities and Exchange Commission is looking into its distribution practices in the U.S.,...
Wema Bank plc, Nigeria’s longest surviving indigenous bank, established in 1945 sustained its financial performance in first half of the...
Jaiyeola Iperepolu is the CEO of X-Right Technology Limited, a distributor of various brands of phones in Nigeria. This outfit which...
Since after the Central Bank of Nigeria’s (CBN) devaluation of the naira officially by about 16 percent, the exchange rate...
The nation’s currency, the naira on Monday gained against the US dollar across market segments of the foreign exchange following...