Markets

Wema Bank Nigeria, a tier-2 lender reported second quarter(Q2) results today with a 33 percent slide in after-tax profits to N1.49 billion in June...

Honeywell Flour Nigeria Plc’s profit has hit more than a decade high, an unprecedented stellar performance that can be largely attributed to lower commodity...

Seplat Petroleum Development Company Plc has reported half year (H1) operating loss of $112 million on the back of a 301 percent jump in...

Private Equity firm Verod Capital has received a ‘No Objection’ clause from the Nigerian Securities and Exchange Commission (SEC) for its proposed N5.3 billion...

Julius Berger Plc has recorded its worst performance in close to a decade after many building sites closed and the supply of workers, materials...

Gold surged past its longstanding record as the dollar plunged and concerns about the global economy boosted demand for havens. Silver gained also, jumping to...

Okomu Oil just announced a 30 percent year on year (YoY) growth in earnings to N2 billion in its second quarter (Q2) 2020 unaudited...

Accumulative losses at African Alliance Insurance Plc rose 23.60 percent to N37.34 billion last year, as auditor Deloitte & Touche said the insurer’s ability...

Stanbic IBTC Bank has introduced a new Banking super App but it seems things have not proceeded as planned. The new Application which Stanbic calls...

The impact of the recent naira devaluation is just beginning to hit the books of Nigerian companies as International Breweries has reported that it...