Exclusive

One of the 2 major electricity distribution companies (DisCos), serving Nigeria’s commercial hub of Lagos returned to profitability for the year 2019, as it...

Custodian Investment Plc, formerly Custodian and Allied Plc, a Nigeria-based firm is operating more like a hedge fund, while masquerading as a holding company...

It has been quite a fantastic year for UBA and its shareholders as the bank added nearly N2.1 trillion in total assets to become...

Okomu Oil Palm Plc, a firm that develops oil palm plantation, mills palm oil, and processes palm kernel as well as develops rubber tree...

Nigeria's current cement demand has been met with 51Mt/annum in production capacity, held by Dangote (32Mt), Lafarge (11Mt) and BUA (8Mt).Altogether the plants operate...

The Federal Government of Nigeria is working on issuing eurobonds and plans to pick advisers through an open bid process, the head of the...

Nigeria’s largest banks have taken N263.13 billion in impairment charges for credit losses in 2020 as the coronavirus pandemic accelerates the rate of provisioning. The...

Listed insurers who operate in unfavorable underwriting environments have the capacity to underwrite new policies as their assets can cover liabilities for all claims...

Access Bank of Nigeria recently acquired Transnational Bank in Kenya with effect from 20 July 2020.The acquisition involved the Bank acquiring the 99.98 percent...

A number of Nigerian banks are not economically efficient, as their returns on equity aren’t keeping pace with costs. Specifically, Access Bank and Union Bank...