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Conoil posts 23% post-tax profit decline in 2020 FY results

Conoil Plc reported a revenue of N117.47 billion representing a 15.95% decline from the N139.76 billion revenue reported a year earlier.

Fidson Healthcare Plc records 202% increase in 2020 FY pre-tax profit

Fidson Healthcare Plc, a pharmaceutical manufacturing company reported pre-tax profits of N1.74 billion in 2020 FY compared to N575.67 million recorded in the...

FBN Holdings Appoints Seni Adetu, 2 Others as Board Directors

In line with the provisions of the NSE, FBN Holdings has announced the appointment of three individuals as Directors.

CAP Plc Releases Fourth Quarter, Year 2020 Financial Results

CAP Plc’s revenue increased 4.4% to N2.8 billion in Q4 2020, supported by strong volume growth (30.4%) across key product lines.

FBN Holdings Posts PBT of N14.8 billion in Q4 2020

FBN Holdings Plc recorded a 29% Y-o-Y decline in its PBT for Q4 2020. FBN Holdings Plc has posted...

Stockbroker Bags 77years imprisonment in Lagos for N62m Fraud

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC has secured the conviction and sentencing of Abioye Eluwole, managing director...

NSE: Trading rebounds, up N50billion

…As Sunu Assurances and AXA Mansard Insurance lead losers’ chart Business transactions on the Nigerian Stock Exchange (NSE) rebounded...

Nigerian Stock Market gains N325bn on enhanced buying interest

…As Courteville Business Solutions, Neimeth International Pharmaceuticals dominate losers’ chart The Nigerian stock market extended its positive rally on Thursday,...

SEPLAT, NB, GTBank, others rally NSE to triple gains

Nigerian Stocks Exchange (NSE) ended Thursday’s trading session on a bullish note. The All Share Index rose today by...

World Bank predicts 1.1% economic growth for Nigeria, 4% global growth, in 2021

The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout...

Elebute provides roadmap for financial services industry to mitigate impact of COVID-19

The Senior Partner, KPMG Nigeria and Chairman, KPMG Africa, Mr Kunle Elebute has provided roadmap for the financial services industry to mitigate...

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NNPC, Usmanu Danfodiyo University to Collaborate on Development of Energy Conversion, Storage

The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion...

CBN: Resuscitating an Ailing Economy

Since the emergence of the novel coronavirus, the monetary authority has continued to introduce measures to support economic recovery.

We Need Unity to Salvage Osun People, Says Osun PDP Chair, Sunday Bisi

By Sunday Oguntuyi, osogbo The reinstated chairman of People's Democratic party, PDP in Osun state, Hon. Sunday Bisi has...

Fidelity Bank to Hold Diaspora Webinar Series, Deepens Engagement On New Remittances Policy

….Osinbajo, Emefiele, Prof Benedict Oramah, Dabiri-Erewa To Attend Fidelity Bank Plc, top Nigerian bank has concluded plans...