CATEGORY
Fixed Income & Bonds
Lagos Struggles to Raise N125bn Bond as PFAs Get Cold Feet
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The Lagos State Government has gone to the bond markets for new round of borrowings to the tune of N125 billion, however it is...
Zenith Now Nigeria’s Largest Bank by Market Cap on GTCO Stock Slide
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Zenith Bank has assumed the position of Nigeria’s largest lender by market capitalization as Guaranty Trust Holding Company (GTCO) shares continue to slide on...
Interest Expense Falls for Nigeria Firms Who Refinanced to Lock in Low Yields
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Nigeria’s non-financial firms have enough cash to make interest payments on their debts that have reduced on the back of a low yield environment...
Access Banks profit from rest of Africa now 24% of operations
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Access Bank Nigeria’s largest lender by assets is beginning to see upside from its aggressive expansion and acquisitions in the rest of Africa region.
The...
Tax Dispute: Multichoice Pays N10bn to FIRS as Tribunal Rules in Favour
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The Lagos Zone of the Tax Appeal Tribunal (TAT) has ruled that MultiChoice Nigeria has fulfilled the conditions required for the hearing of its...
FCMB Adds More Digital Customers than Tier 2 Peers
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First City Monument Bank (FCMB) Group has a superior number of digital customers relative to other Tier 2 lenders while deepening financial inclusion as...
MTN Nigeria has Highest Revenue Among Nigerian Firms
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...as investments and bet on Nigeria pays offÂ
MTN Nigeria Plc remains the company with the highest revenue among the most capitalized and liquid firms...
FMDQÂ says 23% of Revenues Come from CBN in Response to MoneyCentral Report
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FMDQÂ in a detailed response to an August 23 report by MoneyCentral that its revenues come largely from fees paid to it by the Central...
How FMDQ is Cashing out from Central Bank Patronage
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About 67 percent of the total revenues of N31 billion earned by FMDQ Group, a securities exchange and self-regulatory organization (SRO) in 2020, were...
Banks Realize N175.45 bn FX Gains on CBN Devaluation
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The constant devaluation of the currency by the central bank to protect the external reserve from the vagaries of crude oil price is a...