The Transmission Company of Nigeria (TCN) said the national grid experienced a total system collapse on Wednesday resulting in blackout […]
Category: Business & Economy
NGX opens week upbeat with N59bn growth
The nation’s bourse opened trading for the new week on Monday on a positive note with a growth of N59 […]
NGX resumes May with N17bn loss
Activities on the nation’s bourse resumed the week and month on Tuesday with a loss of N17 billion following sell […]
DLM Capital acquires Links MFB, explores fintech opportunities
DLM Capital Group, an investment bank, has acquired Links Microfinance Bank as part of plans to expand into the country’s […]
Dangote Cement to pay over N97 bn in corporate tax for 2020
Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of […]
NSE moves 587.74m shares worth N13.62bn in bearish trading
Investors on the Nigerian Stock Exchange (NSE) on Friday staked N13.62 billion on 587.74 million shares in 4,895 deals. This […]
FirstBank unveils First Global Transfer to ease cross-border payments
First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries […]
Dangote Sugar Refinery reports N26.70bn profit for 2020
Dangote Sugar Refinery Plc (DSR) recorded profit after tax of N26.70 billion for the financial year ended Dec. 31, 2020. […]
Zenith Bank declares N230.57bn profit, N696.5bn gross earnings
Zenith Bank Plc on Tuesday posted gross earnings of N696.5 billion for the financial year ended Dec. 31, 2020, in […]
No plans to increase petrol price – NNPC
The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the […]