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Headline Inflation rate jerks up to 12.20% in February. Headline inflation surged 7 basis points (bps) to 12.20% driven by year on year increases in food and core inflation, the National Bureau of Statistics has revealed.
Zenith Bank excites shareholders, declare dividend payout of ₦87.9 billion. Zenith Bank Plc excites shareholders as the financial supermarket declared ₦87.9 billion dividend payout from its earnings.
Market index slides as sell-offs knocked off ₦15bn from local bourse. Market traded under fear of coronavirus as sell-offs knocked of more than N15 billion from the opening market capitalisation on Monday.
COVID-19: CBN hacks rates, creates N50bn facility to support Healthcare, Hotels, Airlines others The Central Bank of Nigeria (CBN) has…
COVID-19: Jumia, Reckitt Benckiser partner to provide consumers access to hygiene products in Africa
COVID-19: Jumia, Reckitt partner to provide consumers access to hygiene products in Africa Jumia, the leading e-commerce platform in Africa…
Tier-1 Banks Pull ₦775 Billion Profits as Total Assets Hit N30 Trillion. Despite the slow growth in the economic, Tier-1 Banks were able to make the earnings season an impressive one.
Zenith Bank spreads into retail lending, says won’t fly M&A for managerial hubris. Zenith Bank Plc. has said that retail banking is now its major focus as the management pitched organic growth strategy.
Nigeria’s Capital Importation, Trade Data signpost Worsening External Conditions – Afrinvest. Afrinvest a leading investment banking firm, has stated that capital importation and trade data signpost worsening external condition.
FBN softens speculation on M&A with Heritage, Polaris. First Bank of Nigeria (FBN) limited has downplayed the speculation over merger with Heritage and Polaris Bank Limited
Expected open market price of PMS now ₦112.26
