Business

Cement: Dangote, BUA, Lafarge post 62% profit increase

Cement: Dangote, BUA, Lafarge post 62% profit increase

Three of the largest cement manufacturers in Nigeria saw their combined profit before tax jump by 61.90 per cent in…
Airtel Africa secures $200m investment from QIA

Airtel Africa secures $200m investment from QIA

Airtel Africa Plc has announced that it has secured a $200m investment for its mobile money arm from Qatar Holding…
Unity Bank posts N23.6bn gross earnings in H1

Unity Bank posts N23.6bn gross earnings in H1

Unity Bank Plc has announced gross earnings of N23.6 billion for the six months ended June 30, representing an increase…
FG unveils 2020 corporate sustainable investment report

FG unveils 2020 corporate sustainable investment report

The Federal Government on Friday unveiled the 2020 Corporate Sustainable Investment Report (CSIR), aimed at providing key investors with additional…
CBN to refund N35m capital deposits to BDC applicants

CBN to refund N35m capital deposits to BDC applicants

The Central Bank of Nigeria (CBN) on Thursday says it will start immediate refund of capital deposit to Bureaux de…
Forex: CBN directs commercial banks to set up teller points

Forex: CBN directs commercial banks to set up teller points

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches…
Anchor Borrower’s Programme: CBN disburses N756.5bn loan to 3.7 million farmers

Anchor Borrower’s Programme: CBN disburses N756.5bn loan to 3.7 million farmers

The Central Bank of Nigeria has disclosed that it has disbursed a total of N756.51bn to over 3.7 million farmers…
Naira falls to N522 hours after CBN bans forex sales to BDCs

Naira falls to N522 hours after CBN bans forex sales to BDCs

Naira fell marginally against the U.S dollar at the parallel market on Wednesday, after the Central Bank of Nigeria (CBN)…
PenCom transfers 10,165 RSAs to new administrators in Q3

PenCom transfers 10,165 RSAs to new administrators in Q3

The National Pension Commission (PenCom) said it transferred 10,165 Retirement Savings Accounts (RSAs) to other Pension Fund Administrators (PFAs), on…
Naira exchanges for 503/$ at parallel market

Naira exchanges for 503/$ at parallel market

The naira exchanged to the dollar at 503 at the parallel market on Friday according to the Bureau de Change…
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