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Unilever Reports N1.91bn Profit In H1 2022
Unilever Nigeria Plc has reported N1.91billion profit in its half-year unaudited financial statement for the period ended June 30, 2022.
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Commercial Bank Receives N48.64trn Deposits In Q1″22
Commercial banks in Nigeria received N48.6 trillion in deposits in the first quarter of 2022.
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Economic Crisis Looming In Nigeria, Others Over Inflation, Debt – IMF
The International Monetary Fund says the economies of Nigeria and other African countries are being pushed to the brink as a result of inflation, debt and forex crisis.
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AfDB To Support Local Banks, SMEs With €50M
The African Development BanThe African Development Bank board of directors have approved €50 million to support local banks and Small and Medium Enterprises in Africa.k board of…
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Stock Market Declines As Index Drops 0.32%
The Nigerian stock market recorded a dip yesterday as the All-Share Index decreased to 51,390.25 basis points after a two-day holiday break.
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Airtel, Dangote Cement Top Most Capitalised Stock On NGX In H1’22
Airtel Africa and Dangote Cement Plc topped the most capitalised stock on the Nigeria Stock Exchange Limited throughout the first half of 2022.
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Elumelu Seeks Stronger US-Africa Partnership For Transformation
The founder of Tony Elumelu Foundation and chairman of Heirs Holdings, Tony Elumelu, says there is a need for a sustained, substantive relationship between Africa and the United States…
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Stanbic IBTC Floats PlusRewards Loyalty Scheme To Improve Customer’s Lifestyle Experience
Stanbic IBTC Bank has restated its commitment to providing quality service to its customers with the PlusRewards loyalty scheme. PlusRewards is a loyalty programme that provides…
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MTN’s MOMO Loses N22bn To ‘Transfer Errors’ In One Month, Drags 18 Banks To Court
MTN's mobile money payment platform, Momo, has recorded a N22 billion loss within one month as a result of transfer errors.
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DMO Lists $1.25bn On NGX, FMDQ
The Debt Management Office has listed the 8.375%, $1.25 billion, March 2019 Eurobond on the Nigerian Exchange Limited and FMDQ Securities Exchange Limited.
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Flutterwave Denies Money Laundering Allegations In Kenya
Pan-African financial firm Flutterwave has reacted to reports of an ongoing money laundering trial in Kenya.
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Flutterwave Faces Money Laundering Charges In Kenya, Over $55m Seized
Flutterwave is enmeshed in money laundering charges in Kenya which has seen its accounts with over $56.7 million frozen by the authorities.
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Banks’ Borrowings From CBN Falls By 42% In H1 2022
The rate of borrowing from the Central Bank of Nigeria by commercial banks fell by 42% in the first half of 2022.
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Stanbic IBTC Pension Managers Commits To Promoting Organisations’ Welfare
Chief Executive, Stanbic IBTC Pension Managers, Olumide Oyetan, says the bank is committed to enhancing the welfare of organisations.
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Buhari’s Government Targets N720bn In Q3’22
President Muhammadu Buhari's-led federal government says it projects to generate N720 billion in the third quarter of 2022.
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You’re Not In Business If You’re Not Investing In Africa – AfDB Boss Adeshina To…
The President of the African Development Bank Group, Akinwunmi Adeshina, has urged the Irish business community to invest more in Africa.
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Customers To Enjoy 48 Months Repayment Plan With Stanbic IBTC Digital Loan Solutions
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings, says its digital loan services could see customers getting up to a 48-month repayment plan.
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Nigeria’s Stock Market Begins Week With 38.22% Bps Loss
The Nigerian Exchange limited recorded a 38.22% basis point loss in its stock market on Monday, OduNews reports.
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How Customers And Nation Building Aided First Bank’s Huge Growth – FBNH CFO, Patrick…
The Chief Financial Officer of First Bank Holding PLC, Mr Patrick Iyamabo, has attributed the growth recorded by First Bank in recent years to the bank's policies on building its…
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FCMB Retains 20-Year Support For Ojude Oba Festival, Hails Awujale, Ijebu Indigenes
The First City Monument Bank, FCMB, has hailed the Awujale and Paramount Ruler of Ijebuland, Oba (Dr.) Sikiru Kayode Adetona, chiefs, age groups, all indigenes, friends and well-wishers…
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