UBA delivers respectable toplines as revenue rises 6.9% to N658.3bn
BY: CHARLES ABUEDE United Bank of Africa, which prides itself as African global bank, saw its topline numbers come home respectfully
Dangote Sugar headhunts Mbeche as group CFO to lead finance strategy
BY: CHARLES ABUEDE Oscar Mbeche has been headhunted by Dangote Sugar Refinery, a subsidiary of the Dangote Group, from Philia Group
Cash awash Airtel Africa fully repays $505m debt from group surpluses
BY: CHARLES ABUEDE Cash positive Airtel Africa has dipped into its group level surpluses to complete payment of a $505 million 5.125
Nestlé’s robust N351.8bn revenue snagged by elevated finance cost
BY: CHARLES ABUEDE Nestle Nigeria, a leading non-alcoholic beverage manufacturer, has seen its robust performance marred by 200
Analysts see more geopolitics tension stoking further global equities risk-off
BY: CHARLES ABUEDE The continued geopolitical tension stoked more risk-off on equities and other risky assets across some advanced
Buying interest to drive bonds; bulls for OMO, T-bills
BY: CHARLES ABUEDE . As N110bn worth of bills hit the system . Naira to trade tight after being down N3 w/w to N577/$1 in the streets
Positive start to NASD seen after AG Mortgage, CSCS flat sessions’ rescue
BY: CHARLES ABUEDE Equity investors on the NASD OTC Exchange maintained value week on week as value trades in AG Mortgage Bank and
SEC Nigeria tightens requirements for bonds, commercial paper issuances
BY: CHARLES ABUEDE The Securities and Exchange Commission (SEC) said that it would require issuers to obtain and submit a ‘Letter of
Petrol sells above N500/litre in Nigeria as crude rallies to $116/bl
BY: CHARLES ABUEDE The continued fuel scarcity in some states in Nigeria is creating more problems for Nigerians with businesses and
Nigerian bourse okays new structure to lead digitalisation of capital market
BY: CHARLES ABUEDE The board of the Nigerian Exchange (NGX) Limited has approved a new strategy centred on digital transformation,