NSE Demonstrates Digital Resilience Amidst COVID-19
It is no secret that the Coronavirus pandemic, COVID-19, has significantly altered the world of work and how organisations conduct ...
Tag: Nigerian Business News
Naira crashes to N450 to $1 at parallel market amid fx scarcity
The volatility of Nigeria’s foreign exchange market seems to be heading towards the 2015 crisis era as the naira has ...
CBN debits banks N1.4 trillion for failing to meet CRR targets.
The Central Bank of Nigeria has debited commercial banks in Nigeria a whopping sum of N1.4 trillion for failing to ...
MTN Nigeria announces final dividend of N4.97 for FY 2019
MTN Nigeria Communication Plc has announced a final dividend payout of N4.97 per 2 kobo ordinary share.
Many odds against the naira
Nigeria’s currency, the naira, is presently experiencing more pressures than ever before, based on negative macro fundamentals
Wema Bank Plc announces notice of board meeting, closed period
Wema Bank Plc has announced that its board of directors would meet on Tuesday, May 12, 2020, at 10 am to take ...
Arik Air bows to pressure, implements 80% salary cut for staff in April
The management of Arik Air issued a mail to all workers that it has implemented 80% salary cut for its ...
Foreign investors trapped in the debt market as dollar scarcity persists
As the country’s external reserve faces more pressure, foreign investors have been held down in Nigeria’s debt market.
GTBank: NIM resilient but Non-Interest Income pressured by regulatory cuts to fees
Guaranty's Q1 2020 unaudited numbers showed a 3.4% y/y growth in Interest Income, Interest Expense, on the other hand, declined ...
UBA reports profit of N30.1 billion for first quarter of 2020
UBA's unaudited Q1 financial report, which was released yesterday, showed relatively positive improvements across key financial indicators.
