Nigeria, May 7 -- The Islamic Development Bank (IsDB) could avail the sum of $1 billion to Lotus Bank to back its bid to provide funds that could help plug Nigeria's infrastructure gap, Kafilat Araoye... Read More
Nigeria, May 6 -- Nigerian stocks appreciated 1.5 per cent last week led by increased buy pressure on bank stocks. The first quarter earnings reports of four of the Big 5 banks came in during the wee... Read More
Nigeria, May 4 -- Guaranty Trust Holding Company (GTCO) posted its biggest after-tax quarterly profit in history in the first quarter of the year from the fair value gain on financial instrument in th... Read More
Nigeria, May 3 -- Between last year and now, the Nigerian Exchange (NGX) has seen a surge of voluntary exits from companies listed on the bourse as more firms, for various motivations, rejig their bus... Read More
Nigeria, May 3 -- Conglomerate Transnational Corporation Plc (Transcorp) anchored the phenomenal expansion in its net profit for the first quarter of the year on a more-than-threefold increase in the ... Read More
Nigeria, April 28 -- Dangote Cement, Africa's biggest cement maker, hit its all-time peak for quarterly revenue in the year to March as the price of the binder nearly doubled year-on-year. In Februar... Read More
Nigeria, April 24 -- Oil driller Oando requires at least N3 trillion to clear its debts and inject the rest of the cash into its operation to stand a chance of staying in business, according to its la... Read More
Nigeria, April 24 -- Oil driller Oando requires at least N3 trillion to clear its books of sticky debts and inject the rest of the cash into its operation to stand a chance of staying in business, acc... Read More
Nigeria, April 22 -- First Bank of Nigeria has appointed Olusegun Alebiosu as its acting managing director, two sources with knowledge of the development told PREMIUM TIMES on Sunday. Mr Alebiosu has... Read More
Nigeria, April 22 -- First Bank of Nigeria has appointed Olusegun Alebiosu as its acting managing director, two sources with knowledge of the development told PREMIUM TIMES on Sunday Mr Alebiosu has ... Read More