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Only FBN Holdings, Ecobank, Union and Access Made Money for Bank Investors in 2021

Deals and acquisitions were major catalysts for the rally in Nigerian Bank stocks in 2021 as only four major banks, FBN Holdings, Ecobank, Union...

UAE Inaugurates Visa Application and Document Attestation Centre in Lagos

The United Arab Emirates (UAE) officially inaugurated a Visa Application and document attestation Centre in Lagos, Nigeria at the office of the Consulate General...

Anambra Airport Records Impressive Passenger Traffic With 142 Flights in One Month

Anambra International Passenger and Cargo Airport which officially opened for scheduled and non-scheduled flight operations on the 7th of December, 2021 has in the...

Banks Incur N211.63bn AMCON Charges in Nine Months

Nigerian largest banks have incurred N211.63 billion in resolution costs in the nine months to September 2021, according to data gathered by MoneyCentral. That compares...

BUA Foods Becomes Second Largest Consumer Goods Firm by Market Capitalisation

BUA Foods has become the second largest consumer goods firm by market capitalization immediately after listing its shares on the Main Board of The...

Tesla’s $1.07 trn Market Cap Shows Innovation Pays and African Economies Should Take Note

How do economies grow rich and what factors should be in place to drive innovation, job creation and rapid GDP growth? It is not surprising...

No year-end Santa Rally as Stock Gains Muted to Close 2021

Customs Street hopes have been dashed as the stock market failed to deliver late gifts to investors amid a lukewarm yuletide. This is because the...

Investors Fear Delisting, Execution as TGI Group, Aminu Yaro Emerge New Owners of Union Bank

Investors are worrying about a possible delisting of Union Bank following its takeover by Titan Trust Bank, which is controlled by a private conglomerate...

MTN to Overtake GTCO as Most Liquid Stock After Share Sale

MTN Nigeria (MTNN) will see a surge in the number of retail shareholders after the completion of its share offer, which will make the...

Only 7 LGAs to Benefit from Lagos States N125bn Bond

The Lagos State Government has gone to the bond markets for new round of borrowings to the tune of N125 billion, however only 7...

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