CBN, Bankers Committee to digitalize dollar sales for BTA, PTA others
.Vows to sanction fraudulent customers
COMFORT EKELEME, Business Editor
The Central Bank of Nigeria (CBN) and the Bankers’ Committee will soon digitalize the sales of foreogn exchange, Forex for legitimate needs through the creation of an...
NGX increases further by N142bn on Airtel Africa gain
The nation’s bourse extended bullish trend on Wednesday largely driven by gains recorded by Airtel Africa and 19 others.
Consequently, the All-Share Index increased by 271.84 points, representing a growth of 0.69 per cent to...
Sterling Bank posts N5.7bn PAT in H1
Despite the prevailing difficult macro-economic environment, Sterling Bank Plc has reported a Profit After Tax (PAT) of N5.691 billion for the first half of 2021.
This was achieved on gross earnings of N68.609 billion for...
GCR Assigns Investment Grade Ratings to Greenwich Merchant Bank Limited
Greenwich Merchant Bank Limited has been rated BBB- (NG) Long Term, and A3 (NG) Short Term with a stable outlook by global credit rating agency, GCR Ratings. The assigned rating is premised on Greenwich...
Oyetola distributes 100,000 cocoa seedlings to farmers
Governor Gboyega Oyetola of Osun State on Tuesday distributed 100,000 cocoa seedlings to farmers in the state to boost production.
Oyetola, while giving out the farm inputs to the farmers in Aisu, Ede, said the...
Heirs Insurance, Heirs Life Deliver on Promise to Help Customers Purchase Insurance in Five...
Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customers are now able to purchase insurance policies from their websites, www.heirsinsurance.com and www.heirslifeassurance.com, in mere minutes.
The revolutionary, interactive websites—first of their...
U.S. Mission to facilitate increased investment into Nigeria
says Lagos Free Zone is an ideal destination
Lagos Free Zone: U.S. Mission in Nigeria to facilitate increased investment
The United States of America Mission in Nigeria is determined to facilitate increased investments into the country...
Nigerian Breweries earns N209b revenue, N7.86b profit for the first half of 2021
The Board of Directors of Nigerian Breweries Plc. has declared the sum of ₦209.22 billion as revenue for the first half of the 2021 financial year, which ended on June 30, 2021. The company...
Seplat grows half year profit before deferred tax by 142.7%
..declares interim dividend of 2.5 cents per share
Seplat Energy Plc recorded an impressive half year (H1) 2021 scorecard with profit before deferred tax (PBT) of $62.1million, representing an increase of 142.7percent as against H1'20....
Lafarge Africa Bolsters Earnings as First Half Profit Jumps
Lafarge Africa Plc. bolsters earnings performance in the first half of 2021 as the cement company sees a double digit profit surge, supported by a strong topline as demand strengthened. With a healthy cash...
