By Omoh Gabriel, Publisher, Businessnewsreport Perhaps, destiny has a way of bringing people together. Sometimes by chance and some other times by…
Category:
Finance
-
-
Today, the local bourse sustained its bullish performance due to buying interest in MTNN (+1.8%), AIRTELAF (+5.7%), and WEMABANK (+6.0%) as the All-Share…
-
The International Monetary Fund (IMF) has approved a new allocation of Special Drawing Rights (SDR) equivalent to 650 billion U.S. dollars to…
-
Today, the local bourse resumed trading for the week on a bullish note, as price appreciation in MTNN (+1.8%), MBENEFIT (+5.4%), and ZENITH (+0.2%)…
-
FBN Holdings Plc has posted a profit before tax (PBT) of N45.2 billion in its unaudited financial results for the half year…
-
FinanceIndustryNews
Dangote Cement posts after tax profit of ₦191.6bn, pays N89.6bn tax in first half of 2021
Dangote Cement has posted after tax profit of ₦191.6bn and paid N89.6bn tax in the six months ended 30th June 2021 as…
-
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long term funding…
-
Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase…
-
BusinessEconomyFinanceNews
Aviation industry still needs financial intervention to recover from COVID-19 – FAAN
The Federal Airports Authority of Nigeria (FAAN) says the Aviation industry will need relief and financial intervention from the Federal Government to…
-
China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich…
-
Wema Bank said it is committed to the growth and development of Nigerian Small and Medium Enterprises (SMEs) with the launch of…
-
Today, the local bourse trended downward on the back of sell pressure in BUACEMENT (-5.2%), GTCO (-1.7%), and DANGSUGAR (-1.6%) as the All-Share index fell by 79bps to 38,484.82 points.…
-
Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated that the Pan African bank remains the payment gateway for Africa. Akinwuntan who was…
-
Today, the local bourse extended its bearish performance on the back of sell pressure in ZENITH (-1.6%), VITAFOAM (-1.6%), and ACCESS (-1.1%) as the All-Share index fell by 3bps to…
-
Rising stocks and financial assets helped U.S. household wealth grow by $19 trillion during the pandemic to $137 trillion, but wealth inequality…