FBN Holdings Plc, yesterday, released its half-year 2019 interim financial results which showed a slight 5.5% drop in profit for the period under review. See vital details below.
In an attempt to clear the air about the purported controversial account with N53.4 billion, the [@NNPCgroup] has revealed it owes an outstanding payment of $600 million.
The Central Bank of Nigeria (CBN) has declared its preparedness to provide loans to investors who are interested in tapping into its milk production policy initiative.
The Chief Executive Officer of Economic Associates, Dr Ayo Teriba, has argued that Nigeria and other African countries do not have the financial capacity to actualise the Africa Continental Free Trade Agreement (AfCFTA).
Following the expiration of the 5-year Value-Added Tax (VAT) exemption on Stock Exchange transaction commissions, it has been revealed that investors may lose about N2.5 billion yearly as additional costs on transactions.
Nigeria's external debt serving has hit a new height in half-year 2019 as the latest figure obtained from the [@cenbank] shows that international payment in the form of debt servicing between January and June 2019 was estimated at N263.7 billion
The Federal Government of Nigeria is set to take over an account with N53.4 billion which is believed to be operated by the Nigerian National Petroleum Corporation [@NNPCgroup] without its knowledge.
According to a recent data released by the National Bureau of Statistics (NBS), Nigeria's total trade grew by 2.5% in the first quarter of 2019, and 7.5% relative on a year on year basis, with exports valued at N4.5 trillion.
@nsenigeria ended Friday’s trading session in negative territory. The All Share Index closed at 27,918.59 basis points, down 0.26%. Year to date, the index is down 11.17%.
In line with our expectations, MTN Nigeria delivered double-digit growth in revenue, up 12% y/y to N566.9bn (annualised; N1.13trn), tracking our FY 2019 estimate of N1.15 trillion.
Earlier today, MTN Nigeria Plc released its Q2 2019 financial results, a breakdown of which has revealed details of how the leading telco made money in the past six months of the year.
Latest figures obtained from the NNPC has shown that it spent over 1,174 percent in subsidizing Premium Motor Spirit
On this episode of the #EMMPodcast, @Ugodre ponders on why #Garri and other food prices fell this week and how to invest in securities outside Nigeria.
Ecobank Transnational Incorporated (ETI) has disclosed its unaudited financial results for the Q2 period ended June 30, 2019.
This is the summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and FGN Bonds.
@MTNNG shares fell a day after the telecommunication company announced that its Chairman, Pascal Dozie, his Vice and four Non-Executives Directors will be stepping down from their respective position.
@fidelitybankplc has announced that its Executives, Directors, other employees, Family members and other persons related to the employees and the lender have been barred from trading in the company's shares.
@MyFCMB led gainers as the @nsenigeria ended Thursday’s trading session in negative territory. With the ASI down by 0.03%.
AMCON is set to release a TV documentary of prominent Nigerians who make up N5 trillion debt, stating that these are top public office holders.
Inflation may have dropped by 0.18 points in June 2019, but the Central Bank of Nigeria (CBN) has revealed that Nigeria's economy will continue to witness double-digit inflation throughout 2019.
@nsenigeria ended Wednesday’s trading session in negative territory. The All-Share Index closed at 28,088.74 basis points, down 0.20%. Year to date, the index is down 10.63%.`
the Nigerian National Petroleum Corporation (@NNPCgroup) has secured a $3.15 billion Financial and Technical Services deal from Sterling Oil Exploration and Energy Production Company Limited (SEEPCO).
Nigeria's economic growth for 2019 was on Tuesday revised by the International Monetary Fund (@IMFNews). The global monetary cooperation raised Nigeria's growth forecast by 0.3 percent.