In a circular, the Central Bank of Nigeria (CBN) has instructed all deposit money banks and other financial institutions to suspend processing charges imposed on cash deposits above N500,000 for indiv...
According to the regulations, any person or organisation that issues or distributes securities without first getting permission from regulators or continues to break any rules will be punished severel...
Yesterday, in Lagos, shareholders of Unilever Nigeria Plc approved a dividend payout of 75 kobo per share for the 2023 financial year. This is a significant rise compared to the 25 kobo declared for t...
Nigerian Exchange Limited (NGX), in collaboration with Vetiva Capital Management Limited, organised a webinar on capacity-building to provide stakeholders with the necessary understanding of the Excha...
This week it was reported that four (4) deposit money banks in Nigeria had upgraded their banking licenses from regional to national, bringing the total number of banks nationwide to 44, following the...
Recent news from Nairametrics shows that Airtel Africa Plc, also known as the second-largest telecommunications firm in Nigeria, has reported a negative downturn in revenue due to the devaluation of c...
Zenith Bank Plc shareholders on Wednesday finally approved the N125bn dividend proposed by the Bank's board of directors. This approval took place at the firm's 33rd Annual General Meeting at the Civi...
According to Access Pension's recent report, profit increased by almost 70% before and after taxes, showing a positive trend. In view of that, Shareholders praised the dividend distribution, which ros...
In a recent release, UAC of Nigeria (UACN) Plc reported that it generated a total gross profit of N9.1 billion in the first quarter (Q1), which concluded on March 31, 2024.The Company's first-quarter ...
On Monday, it was reported that the foreign exchange market opened the new trading week with the naira trading against the dollar for N1,430 on the parallel market, also known as the black market.This...