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Wednesday, July 28, 2021
Nigerian listed insurers, generating profit from the money that investors have put in the business, have yet to reap the benefit in their stock valuations.The average return on equity...
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CBN bans sales of forex to BDCs

 The Central Bank of Nigeria says it has ended the sales of forex to Bureau De Change operators, saying...

Ecobank Operates with Greater Efficiency as ROE Increases Amid Headwinds

Ecobank Transnational Inc., Africa's most geographically diverse lender, is operating with greater efficiency even amid a challenging macroeconomic environment...

NOVA Merchant Bank CEO Says Strategy is Long Term Funds for Core Infrastructure Investments

NOVA Merchant Bank intends to continue to go into core infrastructure investments in Nigeria, using long term funds raised...

‘At Orchid we Stepped in to Fill Gaps in the Hotel Industry and Serve Nigerians Better’

JONATHAN ODEGA is the Executive Chairman of Orchid Hotels. In this interview held with the MoneyCentral team of Charles Odum and Azarat Haruna last week,...

Banks Holdco Structure Turmoil to Spur Insurance Penetration

The push by more Nigerian banks to adopt a full holding company (Holdco) structure as a means of generating...

Nigeria’s Access Bank Faces Tough Competition in South Africa Venture

Nigeria's Access Bank PLC faces tough competition from incumbents as it ramps up operations in South Africa, but it could find...

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When Central Bankers Become Worried

Central Bankers are often known to be calm and not rock the markets too much with statements that could...

Nigeria’s Active Labor Force Plunged by 20 million in Two Years – World Bank

The number of Nigerians active in the labour force plunged by 20 million between 2018 and 2020, the World...

Nigeria to Adopt Oil Benchmark Price of $57 Per Barrel in 2022

Nigerian Finance Minister Zainab Ahmed said on Wednesday that the government is assuming a crude oil benchmark price of...

India, Spain, China Emerge Nigeria’s Top Trade Partners in Q1, 2021

India, Spain and China were the top trading partners to Nigeria in the first quarter of 2021, according to...

FCT, Lagos, Kaduna, Anambra Have Most Sustainable Debt Burden

Nigerian States and Federal Debt Stock data as of 31st March 2021 reflected that the country's total public debt...

Dangote Catapults Nigeria into Top – 10 Urea Producers Globally

Dangote Industries Limited $2.5 billion granulated urea fertilizer plant which commenced operations this month has catapulted the country to...

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