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Saturday, July 2, 2022
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Dangote Refinery Can Triple FG Revenues From Crude Sales

Analysts at Chapel Hill Denham say domestic oil revenue can grow three-fold if the government sells domestic crude oil to Dangote refinery instead of...

Only African Alliance, AIICO, AXA Mansard Meet Insurance Recapitalization Requirements

Only African Alliance Insurance Plc, AIICO Insurance Plc, and AXA Mansard Insurance Plc, out of the 16 companies listed on the NGX Insurance index...

The Lagos Visionscape Garbage Scandal and Attempts at a Cover-up

It is perhaps a scandal that Lagos taxpayers are still paying for the misadventure called Visionscape some four years after the controversial waste management...

Nigerian Stocks in Bull Run That Defies Global Slump

As gloomy as the global headlines have been, they have yet to enact any appreciable harm Nigerian stocks or the NGX All-Share Index (ASI) 30...

Nigeria’s Mega Banks Deliver Profit Growth as Yields Rise

Nigeria’s mega banks reported profit growth of at least 8.12 percent in the first quarter, fueled by the gradual improvement in yield environment, trading/revaluation...

Manufacturers Obligation to Suppliers Surge on Dollar Crunch

Manufacturers’ obligation to suppliers of inventories used to meet production are piling on the back of dollar scarcity as the energy crisis and the...

Banks Underperform as NGX 30 Profit Rises 32.43% to N2.05trillion

For the first time in over a decade, the majority of banks are at the bottom of the NGX 30 Index profit growth pyramid...

Fidelity Bank Insiders Withdrew Deposits as Their Loan Exposure Rose

Data about related party transactions in respect of entities controlled by Key insiders and Management Personnel shows that Fidelity Bank Insiders reduced their deposits...

Lack of Alternative Pipelines keep Nigeria Losing Billions to Oil Theft

Crude theft and sabotage have long been problems in Nigeria, but 2021 saw record levels of theft according to data from the Nigerian National...

Obiano Left Anambra Much Better Than He Met It Data Shows

Five years after being sworn in (on 17 March 2014) as the new Anambra State governor after the expiration of the Peter Obi second term Willie...

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