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Sunday, January 17, 2021
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Nigeria Banks N389bn Fee Income No Relief From Falling Yields

Nigeria’s biggest lenders have generated N389.87 billion in fee income so far this year, but the amount is not enough to add impetus to...

FACT CHECK: The Dangote Cement Buyback is NOT Nigeria’s First

Notwithstanding the euphoria that greeted the announcement that Dangote Cement will begin a buyback of the company’s shares next week to boost shareholder value,...

Nigerian Bitcoin Investors in the Money While Sidestepping Emefiele, Inflation

One Bitcoin now fetches about N10.25 million in the local Nigerian currency, after the world’s largest cryptocurrency surged as much as 10 percent to...

Technicals Point to a Pause in Nigeria Stock Rally

Nigerian stocks which have rallied an eye-popping 30.2 percent so far this year, could be in for some profit taking as technical indicators signal...

Auditors Cast Doubt on International Energy Insurance Existence

The auditors of International Energy Insurance have warned that the existence of a material uncertainty may cast significant doubt on the company’s ability to...

GTB’s Market Cap Surpasses Entire Tier-2 Lenders on Supercharged Rally

Guaranty Trust Bank (GTB) stock has soared by 26 percent in the past one-month alone which has helped propel the tier-one financials market capitalisation...

Coronavirus sends Nigeria Hotels into Tailspin as Revenues Slump

The Coronavirus has affected every sector across the globe, and the hotel industry is among the hardest hit. The outbreak of the deadly coronavirus that...

MTN Nigeria is Coming for Banks and They Should be Scared

MTN Nigeria the largest telecommunications firm in the country is quietly building up its mobile money and Fintech business and Banks should be worried...

Nigeria Faces Tough Choices Over Move to Transmute SARS to SWAT

The Nigerian Government faces tough choices after disbanding the controversial Special Anti-Robbery Squad (SARS) whose activities triggered ongoing protests and replacing it with a...

Nigerian Banks Embrace Diversified Strategy Pioneered by UBA’s Elumelu

United Bank of Africa’s (UBA) Chairman Tony Elumelu spent the past 16 years crafting together a diversified African Banking empire that is just being...

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