On the back of non-remittance infractions by banks, the lawmakers have initiated move to probe banks, and its regulatory arm, the Central Bank of Nigeria. As a result registered alleged failure in remittance of stamp duties collected, Stakeholders have asked the government to remove the burden the stamp duties places on banking transactions.

The Nigerian Stock Exchange All Share Index (NSE ASI) and the market capitalization increased by 0.07%, while the Year-to-Date return stood at negative 4.81%.

VFD group has announced the appointment of Adewunmi Mobolaji as the new Executive Director, Finance for the group. The statement…

The past doesn’t define Union Bank Plc anymore but the road to the future is rocky.

Tier 1 banks pull more than 70% of market share

Economic, Financial Review for the week

Olam International, a food and agri-business operators is set to acquire full ownership of Dangote Flour Mills Plc (DFM), a flour and pasta manufacturer in Nigeria, for US$ 361 million, amid growing demand for bakery and snack foods in the country.

Access Bank Plc has released its first post-merger financial report for the first quarter of 2019 to the investing public. The group’s gross earnings and profit after tax (PAT) rose by 16.4% and 86%, respectively, to ₦160.12 billion and ₦41.15 billion in the first quarter of 2019 compared to the corresponding period in 2018.

GTI Capital has said that equity derivative would signal Nigeria markets are moving

As a result, the market capitalisation inched to N11.3tn as investors’ wealth increased by N84.4bn. Nevertheless, activity level weakened as…