Stock market plunges N141bn in August
Stock market plunges N141bn in August By Kayode Ogunwale Equity transaction on the Nigerian Stock Exchange (NSE) closed the month of August negatively with N141 billion. The market indicator, market…
Bond presentation: LASG pays N918.703 million to 180 retirees
Bond presentation: LASG pays million to 180 retirees The Lagos State Government has, for the month of August 2016, paid 180 retirees from the mainstream Civil Service, Local Governments,…
UBA loans N254bn to customers in HY1 2016 ….proposes 0.20 kobo interim dividend
UBA loans N254bn to customers in HY1 2016 ….proposes kobo interim dividend United Bank for Africa Plc (UBA) has reported an increase of per cent in its loans and…
Eleven banks loss N36.531bn to panic sales
Eleven banks loss to panic sales By Kayode Ogunwale Eleven out of 13 banking stocks available for trading on the floor of the Nigerian Stock Exchange (NSE) today recorded…
Forex trading: CBN suspends nine banks over non remitting $2.334bn NNPC fund
Forex trading: CBN suspends nine banks over non remitting $ NNPC fund Central Bank of Nigeria (CBN) has banned nine commercial banks from the foreign exchange market on the…
Access Bank after tax profit hits N39.5bn in HY1 2016, increase deposits base by 17%
Access Bank after tax profit hits in HY1 2016, increase deposits base by 17% By Kayode Ogunwale Access Bank Plc has reported billion profit after tax in its consolidated and…
FG disburses N400bn on capital expenditure since May 2016-Adeosun
FG disburses N400bn on capital expenditure since May 2016-Adeosun Minister of Finance, Mrs. Kemi Adeosun said Buhari administration has disbursed N400 billion on various capital expenditure since May 2016…
PZ Nigeria reports 53% profit decline in FY 2016
PZ Nigeria reports 53% profit decline in FY 2016 By Kayode Ogunwale PZ Cussons Nigeria Plc has reported a massive drop of billion in its profit after tax for…
GTBank post impressive HY1 2016 results, declares N77bn profit
GTBank post impressive HY1 2016 results, declares N77bn profit One of the leading lenders in Nigeria, Guaranty Trust Bank Plc today released its financial statements for the half year…
Union Bank increase earnings by 8% in HY1 2016
Union Bank increase earnings by 8% in HY1 2016 In spite of challenges facing Nigeria economy, Union Bank of Nigeria Plc has been able to declared impressive half year…