CATEGORY
Markets
Unilever Books First Loss in 5 Years as Coronavirus Hits Sales
Editor -
Unilever Nigeria Plc slid to a N519.33 million loss in the second quarter after sales fell because of restriction on credit sales and loss...
Nigeria’s Excess Crude Account Balance Depletes to $324m in December
Editor -
The balance in the excess Crude Account (ECA) where Nigeria pays the difference between its budgeted benchmark oil price and actual receipts fell to...
Buhari sends 2021-2023 Medium Term Expenditure Framework to Legislators
Editor -
President Muhammadu Buhari has sent the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) to the National Assembly.
Speaker of the House of...
Access Bank Concludes Acquisition of Transnational Bank Kenya
Editor -
Access Bank in a statement said today that it had successfully completed the acquisition of Transnational Bank Kenya.
The tier-one Nigerian lender said this followed...
PFAs Increase Exposure to Equities Marginally in May
Editor -
Pension Fund Administrators (PFAs) increased their exposure to domestic ordinary shares in the month of March, according to the latest data from the National...
Oando Blames SEC for Delay in Filing Annual, Quarterly Reports
Editor -
Oando Plc has said in a statement that the delay in the publication of its Full Year End (FYE) 2019 Financial Results and Q1...
Gold to Soar Above $2,000 an Ounce in 5 Months – Citigroup
Editor -
Gold is expected to climb to an all-time high in the next six-to-nine months, and there’s a 30% probability it’ll top $2,000 an ounce...
Oxford-AstraZeneca Covid Vaccine Study Shows Early Promise
Editor -
A coronavirus vaccine the University of Oxford is developing with AstraZeneca Plc showed promising results in early human testing, and is now set to...
Fidelity Bank Appoints Onyeali-Ikpe, MD/CEO as Okonkwo Retires
Editor -
The Board of Directors of Fidelity Bank Plc have announced the impending retirement of Nnamdi J. Okonkwo, the Managing Director/Chief Executive Officer (MD/CEO) of...
Stanbic IBTC Revises International Spending Limit on Naira Cards Down to $500
Editor -
Stanbic IBTC Bank a Tier-2 lender has revised downwards how much its customers can spend on its International Naira Mastercard by 50% to $500.
In...