Fidelity Bank Plc recently announced a 120.1% growth in profit before tax in the first quarter (Q1), which ended March 31, 2024. The bank recorded N39.5bn for Q1 2024, which was far from the correspon...
The FCMB Group recently announced its intention to ask shareholders for permission to raise an additional N150 billion in capital.This was stated in the notice of this Wednesday's annual general meeti...
In April 2024, statistics revealed that investors in the Nigerian Exchange Limited (NGX) stock market segment suffered losses of over N3.6 trillion due to the CBN's attractive yields on Nigerian Treas...
Ecobank Group posted a profit before tax of $581 million on Tuesday for the year ended December 31, 2023.The Group's audited 2023 year-end results, posted on the Nigerian Exchange, highlight the stabi...
On Wednesday, the federal government announced that the new minimum wage will begin on May 1, 2024.The State Minister for Labour, Mrs Nkeiruka Onyejeocha, revealed this during her speech on Wednesday ...
MTN Nigeria Communications Plc recently released its report for Q1 2024, which shows that the telecommunications company recorded a loss after tax of N392.7 billion.The company reported a net foreign ...
Nestlé Nigeria Plc's recent report shows a revenue growth of 43.4% to N183.5 billion in the first quarter of 2024.The Company's unaudited Q1 results for the period ended March 31, 2024, were released...
Just recently, Changpeng Zhao, the founder of Binance, which is reported to be the largest cryptocurrency exchange in the world, was sentenced to four months in prison on allegations of money launderi...
The federal government recently announced that the bidding process for the 2024 oil round has begun. Twelve oil and seven deep offshore blocks from the previous round are for sale.The Nigerian Upstrea...
According to data from BusinessDay, Stanbic IBTC Holdings Plc's generated profit in the first quarter (Q1 2024) of this year was the highest in at least 13 years.In the first quarter of 2023, its pre-...