The World Bank has delayed in approving the long-anticipated $1.5 billion loan for Nigeria as scheduled in August due to concerns raised over reforms, according to people familiar with the matter.The ...
In the six months interim result reported by Union bank, the bank revealed that the central bank has increased its total cash reserves requirement from N296 billion to N484.5 billion from the month of...
There are a lot of things to say about the richest people in Africa who have also made it to the top list of the richest people in the world. However, it is one thing to be rich, it is another to be g...
On Wednesday, Jaiz Bank Plc released its unaudited financial report which revealed that the bank has done favorably well in some key areas of its financial indicators. These key areas include:Gross In...
Lotus Hala Fixed Income Fund Payment distribution for the second quarter of 2020. Lotus Capital, a full-service, Halal investment management company specializing in Shari'ah compliant asset manag...
Smart product Nigeria PLC stock symbol is SMURFIT and the stock is trading at 0.29NGN per share. The company specializes in palm oil processing and packaging products. Smart product (SMURFI...
The Nigerian stock exchange has issued a statement stating that 13 companies that are listed on the exchange failed to file their financial statement documents on time. The unaudited financial stateme...
The Nigeria stock exchange has released the following dividend information for Prestige Assurance PLC, Dangote Sugar, and GlaxoSmithKline PLC. S/NSecurityClosure DateLast Close PriceDividend/Bo...
A lot of companies listed on the Nigerian stock exchange have been raising cash through bonds, share issues, etc. This is a way to raise cash when a company is getting close to being in distress or ba...
The shares of U.K.-listed Nigerian oil producer, Lekoil (LSE: LEK) slumped by 69% after falling victim to an alleged scam . The company said it appeared to have been defrauded by individuals...