Markets

Okomu Oil just announced a 30 percent year on year (YoY) growth in earnings to N2 billion in its second quarter (Q2) 2020 unaudited...

Accumulative losses at African Alliance Insurance Plc rose 23.60 percent to N37.34 billion last year, as auditor Deloitte & Touche said the insurer’s ability...

Stanbic IBTC Bank has introduced a new Banking super App but it seems things have not proceeded as planned. The new Application which Stanbic calls...

The impact of the recent naira devaluation is just beginning to hit the books of Nigerian companies as International Breweries has reported that it...

Total Nigeria’s outstanding subsidy and other receivables surged by 56 percent to N15.4 billion in June 2020, from N9.9 billion in December 2019, as...

Dangote cement reported after tax profits of N126.1 billion in the six months’ period ending June 2020, despite the economic slowdown from lockdowns due...

Stanbic IBTC Holdings Plc has announced that it has commenced the process of seeking Regulatory approvals to establish a wholly-owned Life Insurance subsidiary to...

Brent futures are trading at $44.52 a barrel for the first time since early March when a meeting between OPEC and its allies broke...

Jaiz Bank Plc, a Nigerian lender operating under Islamic banking principles has released Half Year (H1), 2020 results showing a 43 percent increase in...

In the 18-month time period between July 2018 and December 2019 a total of $1.54 billion flowed into Nigeria’s Excess Crude Account (ECA). In the...