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Foreigners Shun Tinubu’s N6.9 trillion Stock Rally as Locals Lead Charge

It’s been a bull run for the ages in Nigerian stocks since President Bola Tinubu was sworn-in on May 29, but foreign investors are...

Dangote Cement Prices 17% Cheaper Than Global Average Data Shows

…Naira devaluation, shipping to increase costs of imported cement PATRICK ATUANYA The sales price of Dangote Cement is 17.22% cheaper on average when compared to prices...

NSIA 2022 Annual Report: FGF Loses N18.93bn as Operating, Travel Expense Jump

…plus the good, bad and ugly The Future Generation Fund (FGF), the largest component of funds by assets managed by the Nigeria Sovereign Investment Authority...

Geregu Stock Price Soars as Investors Cheer PPP Deal, Solid Earnings

…Analysts forecast stock to cross N1,000 level …Receives N32 billion from Amperion Power Geregu Power stock price may just be marking time and consolidating on its...

Nigerian Banks Face Capital Pressures on CBN Currency Devaluation

Nigerian banks may have to boost their capital as a result of the steep devaluation of the exchange rate, following a move by the...

What to Expect from Nigeria’s New Acting Central Bank Governor Ade Shonubi

Nigeria’s new Acting Central Bank Governor Ade Shonubi is a Nigerian financial technology (fintech) expert and banker who served as the Managing Director of...

For the President Tinubu Administration, it’s the Economy, Stupid

For the newly sworn-in President of Africa’s largest economy Bola Ahmed Tinubu, American political consultant James Carville’s 1992 adage, “It’s the economy, stupid,” is still...

Guaranty Trust Holdings N35.60bn Impairment on Ghana Securities Mar Profit

Guaranty Trust Holdings Company (GTCO) Plc has been hit by a N35.60 billion loss relating to Group exposure to the securities issued by the...

Tinubu‘s Mandate Marred by Lowest Popular Vote Since 1979, Rigging Allegations

A disputed and shambolic electoral process, a nation divided along ethnic and religious lines, with disillusioned young people and the smallest popular vote since...

Geregu Power Plots Exponential Growth After FEDA Deal

…as output set to hit 1,000MW in 3-years The year 2023 is set to be the first in a multi-year growth surge for Geregu Power...

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