You’re Damned If You Do, Damned If… (LBS Executive Breakfast Session – August 2020)
Nigeria will struggle as recovery proves elusive
The World Bank's decision to postpone its board meeting that was scheduled to hold today till October is...
Custodian Investment Plc appoints appoints Mrs. Mimi Ade-Odiachi as an Independent Director
Following the approval of the retirement of Dr Toni Ogunbor (upon turning 70 years) from the Board of Directors of Custodian Investment Plc at...
MTNN & 19 others led local bourse to sustains winning streak, gains 0.19%
The Nigerian bourse today (Thursday) closed positively, with a gain of 0.19%, sustaining the previous winning streak to five consecutive trading days, following value appreciation on...
Access Bank acquires Zambian Cavmont Bank
Nigeria’s financial institution, Access Bank plc, continued its determined African footprint expansion with an announcement Thursday that its subsidiary in Zambia, Access Bank Zambia...
MTN Group plans to sell off $243m stakes in Jumia
MTN Group is planning to sell part or all of its $243 million interest in Jumia Technologies AG. This is part of the telco’s...
MTN Group revenue rises 9.4% in H1, announces plans to exit Middle East
MTN Group will exit its operations in the Middle East to become an Africa-only-focused telecommunications operator, with its first move to sell off its...
Covid-19: Taraba Government Reviews Its 2020 Budget
As a way of responding to the Coronavirus pandemic in Nigeria, the Taraba state government has trimmed down its 2020 budget from N215,923, 576,810.00...
Equity market to sustains uptrend, post 0.16% gain
Transactions on the floor of the Nigerian stock exchange today (Wednesday) closed on a positive note, gaining 0.16%, extending the previous positive momentum to four...
Cadbury Nigeria – Challenging Macroeconomic Environment Disrupts Momentum
Cadbury Nigeria Plc recently released its H1’20 results. According to the released results, revenue declined by 28% year-on-year in Q2’20, from N10.17bn in Q2’19...
FCMB Group H1’20 Earnings Release – Profits jump 29% y/y amid strong earnings growth
Half-year profits soar despite economic woes
FCMB recently released its H1’20 results, reporting a 9% y/y growth in Gross Earnings to ₦98.2 billion, 3% ahead...
Insider Dealing: United Capital’s Staff Purchases 520,520 United Capital Shares
The United Capital Plc, a leading African financial and investment banking Group, on Monday, disclosed insider dealings of 520,520 shares acquired by two of...
Slow recovery of broader macroeconomy extends PMI contraction
For the third successive month in a row, the Central Bank of Nigeria (CBN) this week reported that one of the major leading macroeconomic...