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CATEGORY

Quick Take

Geregu Power Delivers Value to Shareholders as Q3 Earnings Already Surpasses FY 2022’s

Geregu Power Plc came out with third quarter earnings per share (EPS) of N4.54 or N11.14 billion net income. That compares with the full...

Nigeria’s Domestic Gas Consumption in 2022

Nigeria's domestic gas consumption in 2022 was approximately 6 billion cubic meters (bcm) as energy companies in the country produced 40.4 billion cubic meters (bcm)...

What You Need to Know About CBN’S Lifting of Forex Restrictions on 43 Items

The Central Bank of Nigeria (CBN), on Thursday, October 12, 2023, announced, among other policy issues, the lifting of foreign exchange restrictions hitherto placed...

Egypt to Issue $500 million Samurai Bonds Backed by AFC

Egypt is preparing to issue $500 million of Samurai bonds — or yen-denominated debt sold in Japan by overseas borrowers — through a private...

MTN is Nigeria’s Largest Firm by Revenue

MTN Nigeria Telecommunications Plc (MTNN) has emerged the largest company by revenue in Africa’s most populous nation, according to data gathered by MoneyCentral. MTNN posted...

Nigeria Needs Innovation, Partnerships to Drive Growth in Financial Inclusion

Nigeria needs to drive innovation as well as partnerships between banks and Telco's to improve financial inclusion in the country. Actual innovation, Partnerships, building and...

How to Obtain Multiple Citizenship as a Nigerian

For Nigerian citizens looking to expand their horizons, explore opportunities or secure their future, obtaining citizenship can be an appealing venture. In our interconnected world,...

Gold Prices Set For Worst Monthly Fall Since February

Gold prices on Friday braced for their most significant monthly fall since February, lingering at levels not seen in over six months. The primary...

Access Bank Tier-1 Capital Ratio Falls to 14% in Half Year, 2023

The total tier 1 capital ratio of Access Bank Plc, a Nigerian lender fell to 14.05% in the Half Year period to June 2023...

NNPC’s Northern Bias Under Buhari Stifled Nigeria’s Oil Sector

A pro-northern bias which took root within state-owned Nigerian National Petroleum Corp or NNPC under former president Muhammadu Buhari led to a lack of...

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