Mecure Industries to list on NGX’s Main Board
Mecure Industries Limited, a leading human pharmaceuticals and nutraceuticals manufacturing company will list 4 billion ordinary shares (4,000,000,000) on Nigerian Exchange Limited (NGX) by introduction at per share. This is…
Unity Bank Records N38.2 Billion Gross Earnings in Q3’23
Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to billion within the…
Seplat Energy grows 2023 9M revenue by 31% to N478bn
Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its unaudited results for the nine months ended…
Access Bank, Afreximbank Seal $1.352 Bn Deal To Finance key trade-enabling projects
Leading financial institution, Access Holdings PLC has entered into an agreement with the African Export-Import Bank (Afreximbank) to support and finance key trade-enabling projects in Lagos State to the tune…
FG seeks Senate’s approval for fresh $7.8bn, €100m loans
Barely 24 hours after seeking approval of the supplementary budget, President Bola Tinubu has approached the Senate for the approval of another $ and €100m loans. The request of the…
EFCC Stops Detention Of Suspects Without Remand Warrant
The Economic and Financial Crimes Commission, EFCC, in a press statement released on Wednesday by its Head, Media and Publicity, Dele Oyewale, announced that it has reviewed its guidelines on…
Nigerian stock market hits all-time high, crosses 70,000 mark
The Nigerian stock market has sent shockwaves through the financial community, as the Nigerian Exchange Limited’s All-Share Index surged to an all-time high and shattered the 70,000-point barrier. This remarkable…
BudgIT’s 2023 State of States Report: Rivers Reigns Again on Fiscal Performance Ranking As Anambra Joins Lagos, Kaduna, Ebonyi in Top 5; Zamfara, Bayelsa, Benue Lead from Bottom
BudgIT, a prime civic-tech organization leading the advocacy for fiscal transparency and accountability in Nigeria, has launched the 2023 edition of its annual States of States report themed Subnational Healthcare…
NGX All-Share Index starts week on negative note
The domestic bourse opened the week on a negative note, as the All-Share Index declined by per cent to close at 67, points. Selloffs in STANBIC ( per cent), WAPCO…
Headline inflation rate ascended to 26.72% in September
Kayoed Ogunwale In the financial landscape of September 2023, the headline inflation rate ascended to per cent, surpassing its August 2023 counterpart at per cent. This shift underscores a…