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Channels TV Fined N5m by NBC for Datti Baba-Ahmed’s Interview
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The National Broadcasting Commission (NBC) has slammed a fine of N5 million on Channels Television for breaking the broadcasting law in a programme with...
NSIA New Management Continues Poor Form as Profit Slides 33% in 2022
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The management of Nigeria Sovereign Investment Authority (NSIA), who run Nigeria’s sovereign wealth fund (SWF) and on average earned N46.6 million ($104,000) per annum,...
Nigeria Locked Out of Dollar Bond Market as Yield Spread to US Treasuries Soar
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More than a quarter of emerging market countries including Nigeria have found themselves effectively locked out of international bond markets as the extra yield...
Technically Insolvent Oando Faces Existential Liquidity Crises Â
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Oando Plc is beset by a liquidity crisis which raises concerns about its ability to honor obligations to both short and long term creditors...
Former President Donald Trump Indicted by Manhattan Grand Jury
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A grand jury in Manhattan indicted former President Donald Trump on Thursday afternoon according to numerous sources.
The New York Times reported that the precise...
Full Year 2022: UBA Delivers Strong Results as Profit Hits N201bn Â
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…Declares 90 kobo Final Dividend
…Total assets Rise by 27.2 percent, Close at N10.9 trillion
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released...
Oando Announces Minority Buy-Out at N7.07/ Share to Delist From NGX
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Oando Plc has announced that it received an offer from its majority shareholder, Ocean and Oil Development Partners Limited to buy out all minority...
Stanbic IBTC Oil and Gas Exposure Raises Concerns as Loan Losses Surge
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Stanbic IBTC Holdings Plc exposure to the oil and gas sector is raising concerns as loan losses surge.
Stanbic recorded a net impairment loss of...
I Was Threatened, Pressurised To Manipulate Results – Abia INEC Returning Officer Oti
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The Independent National Electoral Commission (INEC) Returning Officer in the Abia State governorship election, Prof. Nnenna Oti, has revealed that she was offered financial...
Transcorp Plc Delivers Strong Performance as Revenue Rises by 21%
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Transnational Corporation Plc (Transcorp) has released its financial results for the full year ended December 31, 2022, demonstrating significant improvements in its major income...