MTN Nigeria revealed that it is set to issue two series of commercial papers worth N52.895 billion. The telecommunication giant submitted a corporate notice with the NGX where it announced the Series ...
The demand on the foreign exchange (FX) market worsened on Wednesday as the naira fell to N1,140/$ at the parallel market. This shows that the country's currency added N110 in just a few hours. On Mon...
Ever since President Bola Tinubu's inaugural speech on May 29th, 2023, where he said that “subsidy is gone”, the rise in the price of petrol has led to a hike in transportation fares and even the ...
Reports have shown that Total Energies Plc has been constantly paying dividends since 2006, with a payout of 79% for the past seventeen years, and this has shown improved earnings and cash flow genera...
The little disagreement between these two big conglomerates, BUA Industries Limited and Dangote Group, took another level after the Chairman/CEO of Dangote Group, Aliko Dangote, released a 7-page edit...
Dangote Cement Plc has offered series 10 and 11 of its Commercial Papers under its N300bn Issuance Programme.According to reports from the stockbroking firms, the series, which was up to N50bn, was op...
Despite the naira gaining against the dollar last week, it’s been reported that on Monday the naira fell to N1,030/$ in the parallel market making its gain last week futile.Naira lost N80 or what we...
Despite the economic struggles, six banks in the Nigerian financial sector are reported to have gained profits by 214% to N2.06tn in the period that ended September 2023 when compared to the correspon...
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The CEO of OpenAI, Sam Altman recently announced that ChatGPT now has a total of 100 million weekly active users. He announced during the company's first developer conference which was held in Sa...
The Association of Bureau de Change Operators of Nigeria recently urged currency speculators to deviate from their previous actions, which have pushed the nation’s currency into losing value against...