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Why Zenith Will Outperform Other Banks amid Covid-19 Slowdown

Bala Augie -
Nigerian banks have been operating in a scorching environment as they are reeling from a slew of stringent regulations by the Central Bank of...
Markets

U.S. Adds 4.8 Million Jobs, Above Forecasts in Boost for Trump

Bala Augie -
The rebound in the U.S. jobs market accelerated in June as the economy reopened more broadly, before a pickup in coronavirus cases that puts...
Markets

Jaiz Bank Sees Coronavirus Impact Limited to Q2 with N622mn Profit Forecast

Bala Augie -
Jaiz Bank Plc, a bank in Nigeria operating under Islamic banking principles has forecast after tax profits of N622 million for the third quarter...
Markets

MTN Insider Makes Huge N108.5mn Share Purchase

Bala Augie -
An Insider in MTN Nigeria has spent the sum of N108.5 million to purchase new shares in the leading telecommunications firm in Nigeria. Karl Toriola,...
Markets

GTB Hits 1-Month Low on Lack of Clarity on Bank Earnings

Bala Augie -
Shares of Tier-One Lender Guaranty Trust Bank (GTB) hit a one-month low in early trading today as bulls stayed on the sidelines amid a...
Markets

NSE – 30 Index Dumps Transcorp for Julius Berger

Bala Augie -
The Nigerian Stock Exchange (NSE) has replaced Transnational Corporation of Nigeria Limited Transcorp, with Julius Berger Plc in its index of the 30 largest...
Markets

PPPRA raises petrol price to N143.80 per litre

Bala Augie -
The Petroleum Products Pricing Regulatory Agency (PPPRA) has introduced a brand new value band of N140.80 to N143.80 per litre for Premium Motor Spirit,...
Markets

Why the $2.8bn AKK Gas Pipeline is Vital for Industrial Growth

Bala Augie -
The Nigerian National Petroleum Corporation (NNPC) has embarked on an ambitious project to expand the country’s domestic gas footprint with the delivery of the...
Energy

Nigerian Petrol Prices are 7th Cheapest in the World

Bala Augie -
Nigerian Petrol prices are some of the cheapest in the world, a reflection of the petrol subsidy regime in place as well as the...
Markets

Shell To Writedown $22bn of Assets as Virus Hits Oil Demand

Bala Augie -
Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets by up to $22 billion in the...
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