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Quick Take
APC Wins 15 Governors, PDP 9, NNPP 1, LP 1
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Results of 26 of the 28 governorship elections which have been announced by INEC, shows the All Progressives Congress (APC) won in 15 states,...
This Loss Making Insurer’s Stock is up 260% So Far in 2023
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International Energy Insurance Plc (IEI) stock is up a whopping 260% in the year 2023, making the Insurer, the best performer on the Nigerian Exchange...
Understanding Zero-Coupon Bonds
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By DATAPRO
Zero-Coupon Bonds are a type of debt securities that are purchased at a discounted price and redeemed at full face value upon maturity...
Unity Bank Negative Reserves Hinder Dividend Payment
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Technical insolvent Unity Bank Plc is the only listed lender that will not be rewarding shareholders as negative retained earnings that stems from recurring...
Geregu Power Eyes Acquisition of NIPP Asset
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Geregu Power Plc is in bidding to acquire one of the National Integrated Power Plants (NIPPs) being put up for sale by the Federal Government through...
Ecobank Group’s Digital Transactions Hit $59.1 billion in 9 Months
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Ecobank Group said it recorded transactions valued at $59.1 billion across its digital channels in the first 9 months of 2022.
The company disclosed this...
Mixta Debt Woes Worsen as Rising Rates Squeeze Developers
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Rising rates are pressuring property companies like Mixta Africa that borrowed heavily on the bond markets to finance their operations.
“The Group and Company have...
Julius Berger Eyes Investments Outside Nigeria in Growth Push
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Julius Berger Nigeria Plc, the largest engineering construction company in the country is looking to invest beyond Nigeria as it seeks to maximise growth...
Stanbic, NPF, ARM Attract Most Pension Registrations in Q3, 2022
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Analysis of the distribution of RSA registrations across Pension Fund Administrators (PFAs) in the third quarter 2022, revealed that Stanbic IBTC continued to maintain...
Review: Why Risevest Real Estate Investment is a Risky Bet
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Risevest is a Nigerian Fintech start up that offers its users ability to purchase dollar-denominated investment products such as stocks, fixed income and Real...