In the nine months ended September 30, 2020, Zenith Bank Plc, one of Nigeria’s leading banks, generated N173.488 billion non-interest income despite COVID-19 challenges that eroded...
The recent news of recession in Nigeria is not a blind date. It is a forecast that has been studied, reported and expect to receive a...
Socio-Economic Rights and Accountability Project (SERAP) has appealed to President Muhammadu Buhari led administration on the need to cut the cost of governance. In the letter...
The Naira depreciated further at the black market after a report showed Nigeria’s economy contracted by 3.62 percent in the third quarter to eventually plunged into...
Nigeria’s Gross Domestic Product shrinks by 3.62 percent in the third quarter of 2020 following a 6.10 percent contraction recorded in the second quarter. Together, economic...
The United Kingdom Trade Envoy to Nigeria, Helen Grant, on Saturday said that Nigeria was the fastest growing economy in Africa. Ms Grant said this at...
When it comes to gambling in Nigeria, the law is clear. Sports betting, land-based casinos and the lottery are all legal, whereas roulette, dice games and...
GTBank grew profit before tax to N167.352 billion in the first nine months of the year, according to the bank’s latest financial statements. In the unaudited...
Access Bank Plc on Thursday posted N102.300 billion profit after tax for the first nine months of the year. According to the bank’s unaudited financial results...
Commercial banks in Nigeria have started charging customers for failed transactions. Naija News Learnt that the new charges were imposed following a CBN directive earlier this...
The Federal Government has, in a section of the 2020 Finance Act proposed the establishment of a Trust Fund where unclaimed dividends would be ploughed. But...
Union Bank grew gross earnings by 6 percent to N118.8 billion in the first nine months of 2020. This was higher than the N111.9 billion filed...
Wema Bank Plc reported a 35.45 percent decline in profit after tax for the first nine months of the year. According to the unaudited financial statements...
The Asset Management Corporation of Nigeria (AMCON) on Wednesday took over twelve assets and all bank accounts belonging to Jimoh Ibrahim, the Chairman of Global Fleet...
The Federal Government through the Ministry of Aviation has said Air France and Lufthansa Air that were previously restricted from flying into Nigeria can now operate...
The Nigerian Stock Exchange (NSE) rebounded on Wednesday after declining for two consecutive days. The All-Share Index gained 1.68 percent or 575.18 index points to settle...
Naira declined further on Wednesday as liquidity remained a challenge at the black market. The Nigerian Naira depreciated by N3 to N478 against the United States...
Global oil prices pulled back slightly on Tuesday after rising on strong optimism on the back of COVID-19 vaccine and the expectations that OPEC and allies...
The Nigerian Stock Exchange extended its decline on Tuesday as stocks of Nestle, Dangote Cement, Nigerian Breweries, Cadbury and others led the decline. Investors traded 9.360...
Surged in demand for the United States Dollar across key foreign exchange markets has plunged the Nigerian Naira value to a 12-week low at the black...
