Nigeria's National Petroleum Corporation (NNPC) announced an 80 percent increase in trading surplus. In December 2020, the figure was N24.19 billion, a big jump from the N13.43 billion recorded just a...
On Thursday, the All-Share Index moved by 0.53 percent (207.86 points) to 39,293 from the 39,085 it was on the previous day. This reduces the monthly and yearly losses to about 1.3 percent and 2.4 per...
The biggest cement manufacturer in the country, Dangote cement, just declared a record high revenue of N1.03 trillion in its financial statement for the year 2020. This makes it the second Niger...
In the current economic climate, everyone is seeking ways to branch out into business, whether as a side hustle or main means of livelihood. Unemployment rates have tripled in the last five years, wit...
Investing means putting money to work to make money, and to make money, it’s important to know what you are doing and how to tackle it. Sometimes we try to put out money up to simulate the sto...
Reputable magazine, Global Finance, names Zenith Bank the best bank in Nigeria for the second time this year. This happened at the 28th edition of their Annual Best Bank Awards Winners in Africa. ...
Here is a list of popular companies with stocks on the Nigerian Stock Exchange and how much dividends they're set to pay shareholders. The companies are listed below with their share prices: ...
Nigeria's Guaranty Trust Bank intends to acquire a Kenyan lender in a bid to further expand its operations on the continent. GTBank, one of the most valuable banks in Nigeria, also happens to be ...
A summer 2020 Y Combinator-backed Nigerian tech startup, Afriex today announced the success of its $1.2 million seed round. The seed will opportune Afriex the privilege to extend its operations and se...
The second-largest cement company in Nigeria, BUA Cement, lost a total of N162.55 billion in the past week as its shares dropped by 4.8% on the Nigerian Stock Exchange.This saw the market capitalizati...