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Bank MD/CEOs in Nigeria earned a combined N1.5 billion in salaries in 2020.
Corporate Nigeria paid over N958 billion in dividends in 2020, according to data from the annual reports of the companies.
Seplat Petroleum reported it took an impairment loss of N41.1 billion ($114.4 million) from its interest in OML 55.
At the end of the trading session, the NSE Banking Index posted a loss of -1.95%; the market saw 2 gains, 2 stalemates, and 6 losses.
Custodian stock hit a year high just as it announced a Convertible Loan Instrument set to be approved at its AGM.
The cost of airline tickets in Nigeria increased by almost 100% in the last one month.
The Brent benchmark was trading down 4.81% on the day, or $3.12 down per barrel at $61.79 and later ended at $62.38 on Monday night.
A compilation of top Investors in companies listed on the Nigerian Stock Exchange, with whom you may be unfamiliar.
Akinlade and his partner have taken Paystack from just being a Nigerian startup to a payment giant expanding across Africa.
The Regulation Committee of the National Council of The Exchange (RegCom) has approved for the Exchange to proceed with the delisting process of the firms.
Nairametrics analysed the best banks in Nigeria based on their performance in 2020.
MTN Nigeria has suspended its service which allowed customers to recharge their mobile phones via USSD codes.