Wema Bank Plc, has announced a 70 per cent growth in Profit Before Tax (PBT), from N1.80billion in Q3’2017 to N3.07billion in Q3’2018. Profit after Tax...
United Bank for Africa Plc UBA’s unaudited 2018 Third Quarter Financial Results shows ga Gross Earnings of N374.8 billion. This represents a 12.3 per cent increase...
The domestic equities market performed positively today following buy interest in DANGCEM (+3.0%) as ex-DANGECM the market would have closed in the red. As a result, the...
Multilateral lenders account for 35 per cent of Africa’s total external debt, and 32 per cent by private lenders. China accounts for 20 per cent of...
The Nigerian Governors Forum (NGF) says it is not against the upward review of the minimum wage. The Chairman of the Forum, Gov. Abdulaziz Yari of...
(Reuters/NAN) Novartis is paying $2.1 billion for nuclear medicine specialist Endocyte in Chief Executive Vas Narasimhan’s latest deal to reshape the Swiss drugs group from a...
The Federal Executive Council (FEC) has approved six Transaction Parties as adviser to the Federal Government on the issuance of $2.78 billion Eurobonds and other securities...
The World Bank has said that Africa is home to the largest number of extreme poor people in the world. Nigeria was recently described as the...
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, said that its financial and markets data will be integrated in Microsoft applications and services, including...
The National Industrial Court, sitting in Ikoyi, Lagos State, on Monday voided the termination of employment of Mrs Arese Alonge, declaring her a subsisting Executive Director...
At the conclusion of the 2018 IMF/World Bank Annual Meetings, The Nigeria delegation led by the Minister of Finance Ms Zainab Ahmed had an interactive session...
On behalf of Angola, Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, Somalia, South Africa, Republic of South...
At the ongoing IMF/World Bank Group Annual Meetings in Bali Indonesia, IMF Fiscal Monitor Department fielded questions from journalist attending the meeting after a press...
Authorised dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million from the Central Bank of Nigeria (CBN) on Tuesday,...
With few months to the end of 2018, President Muhammadu Buhari has requested a National Assembly resolution to raise another $2.78 billion from the International Capital...