Jaiz Bank Plc, Nigeria's first non-interest bank, reported an unaudited profit after tax (PAT) of N3.9 billion for the six months which ended June 30, 2023. In a statement given to the press yest...
The Nigerian Communications Commission has approved MTN's partial disconnection of Globacom over its refusal to pay the interconnect debt. The suspension means that all Glo users won't be a...
On Monday, it was reported that the United Bank of Africa (UBA) had crossed N1 trillion in market capitalisation.UBA's market capitalisation reached N1.022 trillion from N990 billion it finished on Fr...
Due to infractions, the Central Bank of Nigeria has dissolved the Union Bank of Nigeria, Keystone Bank, and Polaris Bank boards.This was made public on Wednesday in a statement signed by the acting Di...
Nigerian stocks saw a recovery yesterday after going on five consecutive sessions of losses, with overall capitalization increasing by N41 billion due to investor interest in NASCON Allied Industries ...
Following the suspension of the industrial action carried out on Wednesday, the union decided to call it off after the Tinubu administration called top leaders to a closed-door meeting to settle their...
The Nigerian Stock Exchange, formerly the Lagos Stock Exchange, was introduced on September 15, 1960, and has since been a breeding ground for fearsome investors to thrive. Investors have been rewarde...
Recently, Abubakar Suleiman, a Non-Executive Director of Sterling Financial Holdings firm Plc, purchased an extra 50 million shares in the firm valued at N168 million.This is stated in a notice of Dir...
The Securities and Exchange Commission (SEC) recently approved NASD to launch its Digital Digital Securities Platform (N-DSP), powered by Blockstation, under the Regulatory Incubation (RI) Programme.T...
According to the PUNCH report, the Profit after tax of Chapel Hill Denham managed Nigeria Infrastructure Debt Fund grew by 97.99% to N20.380bn at the end of 2023, far from the corresponding year, whic...