The Central Bank of Nigeria (CBN) has directed banks to apply monetary penalty, among other prescribed sanctions, on a card...
The nation’s currency, the naira, yesterday, weakened against the US dollar at the inter-bank market in spite of the intervention of...
Indorama Eleme Petrochemical Limited (IEPL) plans to invest about $4.4 billion by 2019 to enable it expand operations and become...
Fuel retailer Total Nigeria said on Monday its first-quarter pretax profit fell to N1.71 billion ($10.61 million), down 7.56 percent...
The naira weakened against the dollar on the interbank market on Monday, pressured by increased demand for the U.S. currency...
Transactions at the Nigerian Stock Exchange (NSE) on Friday ended on a downward trend as the market capitalisation dropped N21...
The Naira recorded marginal increase against the dollar at the official and Bureau de Change markets on Friday. At the...
Large pools of excess liquidity in Nigeria and Kenya’s money markets are seen pushing yields on local debt lower at...
Consolidated Breweries plc has recorded an increase in net profit by about 12 percent. The company’s revenue for 2013 closed...
Union Bank of Nigeria plc has notified the Nigerian Stock Exchange (NSE) that the Bank has appointed financial advisers for...
Seplat Petroleum Development Company plc, Mobil Oil Nigeria plc, Guinness Nigeria plc, Lafarge WAPCO plc, and Nigerian Breweries plc led...
Julius Berger Nigeria plc has notified the Nigerian Stock Exchange (NSE) that in addition to the company’s declaration of a dividend of N2.70 for the 2013 financial...
Julius Berger Nigeria plc has notified the Nigerian Stock Exchange (NSE) that in addition to the company’s declaration of a dividend of N2.70 for the 2013 financial...
Dangote Cement reported first-quarter pretax profit down 1.25 percent year on year to N53.01 billion ($331.73 million). Gross earnings rose...
The naira strengthened to its strongest in four months against the U.S dollar on the interbank market on Monday, boosted...