Money supply in Nigeria crosses N50 trillion in October 2022
Data from the central bank of Nigeria reveals Money Supply otherwise termed M2 is now at a record high of...
Does this data confirm CBN is to blame for increase in currency outside banks?
The total amount of currency outside of Nigerian banks rose by N1 trillion to a whopping N2.8 trillion as of...
Currency traders fear exchange rate may be heading to N1,000/$1 by year end
The exchange rate between the naira and dollar on the black market is expected to hit N1000/$1 by the end...
GTB’s HabariPay reports N590 million profits in 9 months
GTCO reports its Habari Pay subsidiary reported a profit before tax of N688.9 million in the first 9 months of...
Access Bank offshore operations contribute 84% of group profits
Access Bank offshore operations contributed N129 billion in pre-tax profits in the first 9 months of 2022
FUGAZ pay N210.5 billion to AMCON for banking resolution cost
Nigeria's tier 1 banks, FBN Holdings, UBA, GTB, Access, and Zenith Bank also known collectively as FUGAZ, incurred a total...
NGC post N139.2 billion revenue in 2021, spends N48.2 billion on staff cost
The company's impressive revenue gain appears to have helped push salaries paid to employees from N5.4 billion to N17.6 billion...
How to make money from the CBN’s 15.5% interest rate hike
Investment opportunities in a high-interest rate environment.
Nigeria’s Kuda Bank reportedly incurs N6 billion loss in 2021
Nigerian Microfinance Bank Kuda Bank reported a loss of N6 billion more than 7x the N868 million loss it reported...
Ardova Plc blames subsidiaries for N3.8 billion full year loss
Oil and gas retail giant, Ardova Plc reported a loss of N3.8 billion for the year ended December 2021.
