Naira falls at black market, exchange rate hits N415.95 at NAFEX during trading
The exchange rate at the black market where forex is traded unofficially depreciated at N480/$1 and during the intraday trading ...
Tag: Business News
Business and Economic News from Nigeria
Visa might add Bitcoin to its payment network
Visa recently disclosed that in order to make Bitcoin, other crypto-assets safer, useful, and applicable, Visa might add them to ...
WallStreetBets initiate silver’s biggest jump since 2013
Silver futures gained as much as 8% shortly after the futures market opened on Monday, marking the biggest rise in ...
These stocks made money for investors in January
January was great for Nigerian stock and these were the best stocks.
52.5 million Ethereum wallets are making money
Since the start of 2021, 35 new $ETH whale addresses have been created, controlling $447 million combined.
SAHCO Plc records 76% increase in 2020 FY pre-tax profits
SAHCO recorded a significant increase in its 2020 FY pre-tax profits, although total revenue declined.
UACN records 28% decline in 2020 FY pre-tax profits
UACN recorded a decline in its 2020 FY pre-tax profits, as total revenue increased marginally.
FBN Holdings Plc posts Profit Before Tax of N14.8 billion in Q4 2020
FBN Holdings Plc recorded a 29% Y-o-Y decline in its PBT for Q4 2020.
Ecobank Group Posts N630 billion Revenue in 2020
Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020.
Nigerian Banks non-performing loan ratio blows past CBN regulatory limits
The Non-performing loans of Nigerian banks rose to 6% as of December 2020.
