CATEGORY
Markets
Foreign Airline Trapped Funds in Nigeria Hits $812m, Threatens Connectivity
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The scarcity of aviation fuel and shortage of foreign exchange has reached a full blown stage as funds belonging to foreign airlines trapped in...
Dangote, Samad, Otedola, Elumelu, Others Pocket N504.10bn Dividend
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The top directors and owners of the most liquid and capitalised companies were rewarded for their hard work in the form of dividend for...
Six Years on : Dangote Still ‘Most Admired Brand’ in Africa
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For the sixth consecutive year, the Dangote brand has been adjudged as the Most Admired African Brand among top 100 brands in the continent.
Dangote,...
Oil Surges After Saudis Make Additional 1 Million Bpd Voluntary Production Cut
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OPEC+ members in Vienna have agreed to extend crude production cuts into 2024. In a statement, the cartel said that it was acting “ to achieve...
Ebenezer Onyeagwu Wins Best Banking CEO of The Year in Africa in The International Banker Awards 2023
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The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named ‘Best Banking CEO of the Year in Africa’...
FirstBank Sees Strong Growth in Net Interest Income
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FBN Holdings (FBNH) Plc, the parent company of First Bank has reported strong growth in net interest income as it continues to benefit from...
Nigeria Spent N22.88 Trillion on Fuel Subsidy in 18 years
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According to the Nigeria Extractive Industries Transparency Initiative (NEITI), the country spent N22.88 trillion on fuel subsidies in 18 years.
The above is contained in...
Conoil Entices Investors With Record Profits that Validates Impressive Market Performance
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Conoil Nigeria Plc, a petroleum marketing company involved in the sale of regulated gasoline and kerosene, diesel, aviation fuel and low pour fuel, has...
AFC Solid Earnings in Stark Contrast to NSIA’s Poor Performance
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… earns superior risk-adjusted returns on infrastructure deals
PATRICK ATUANYA
The Africa Finance Corporation (AFC) has delivered stellar results for the 2022 financial year, in sharp...
For the President Tinubu Administration, it’s the Economy, Stupid
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For the newly sworn-in President of Africa’s largest economy Bola Ahmed Tinubu, American political consultant James Carville’s 1992 adage, “It’s the economy, stupid,” is still...