South Africa to Nationalise Private Owned Central Bank

News July 31, 2022

After a long decade’s debates, discomfort and what key stakeholders consider as an anomaly

Stock Market Return Falls below Inflation as Investors Lost N868bn

Stock Market July 31, 2022

Stockholders’ fortune declined strongly due to heavy selling rallies in the equities segment of the Nigerian Exchange

Naira Sold for N429 as CBN Draws Down FX Reserves

Uncategorized July 31, 2022

The Nigerian local currency, the naira, was sold for N429 per the United States (US) dollar…

NASD Inches to N1.03trn on Positive Price Movements

Stock Market July 31, 2022

The NASD over-the-counter (OTC) inched higher to N1.03 trillion at the end of the trading session last week…

FBN Holdings Profit Skyrockets by 48% in H1-2022

Companies July 30, 2022

FBN Holdings Plc sees a meteoric profit jump in the first half of the financial year 2022

Unity Bank Grows Profit by 23% in First Half

News July 30, 2022

Nigeria’s retail lender, Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results

Selloffs in MTNN, Stanbic, Nestle Drag NGX Lower

Stock Market July 30, 2022

The Nigerian Exchange, NGX, halted the downtrend on Friday after trading losses were recorded due to selloffs…

German Unemployment Rate Rises to 5.4% in July

Foreign July 29, 2022

Germany’s seasonally adjusted unemployment rate marginally rose to 5.4% in July from 5.3% in June, official data showed Friday.

GCR Downgrades Coronation Merchant Bank Outlook to Negative

Companies July 29, 2022

While GCR Ratings affirmed Coronation Merchant Bank Limited’s national scale long and short-term…

Guinness Nigeria Plc Sees Sharp Earnings Growth in 2022

Companies July 28, 2022

Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced its audited results for the period…

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