An AI African Intelligence Site
Stanbic IBTC Surpasses One Trillion Naira in Market Value Stanbic IBTC Holdings has surpassed N1 trillion in market value, according to data from the Nigerian Exchange. The financial services boutique…
The Federal Government has declared Wednesday September 27 as public holiday in commemoration of Eil-ul- Maulid celebration, the birth of the Holy Prophet Muhammad (Peace be upon him.) The Minister…
GCR Puts Union Bank of Nigeria on Rating Watch Evolving GCR Rating affirmed Union Bank of Nigeria Plc’s national scale long-term and short-term issuer ratings of BBB+ (NG) and A2…
Nigeria Faces Debt Sustainability Threats, Default Not Impossible – Analysts Default risk heightens as Nigeria has breached all debt control measures put in place to checkmate the nation’s borrowing spree…
Asset Managers Unpack Nigeria TBills Despite Liquidity Boost The benchmark yield climbed as wealth, asset managers unpacked Nigerian Treasury bills in reaction to an indefinite postponement of the monetary policy…
Access Plc Boosts Profit by 53%, Proposes 30k Dividend Access Holdings Plc boosted its profit by about 53% year on year to N135.441 billion in the first half of 2023…
Naira Gains 1.2% in Value as CBN Sells FX to Banks The Nigerian naira rebounded moderately at the Investors’ and Exporters’ foreign exchange window, a move that was supported by…
FG Awards Lagos-Calabar Coastal Highway to Hitech The Federal Government is discussing the implementation of Lagos-Calabar coastal highway roadmap, the nation’s ambitious capital project, with Hitech Construction Company Limited. The…
Nigerian Bourse Down By N39bn as DANGCEM Price Falls The Nigerian bourse market capitalisation went down by about N39 billion as negative price movement on Dangote Cement (Ticker: DANGCEM) wiped…
Transcorp Hotels Meets NGX Free Float Compliance Transcorp Hotels Plc’s share price appreciated moderately in the just concluded week as the hospitality company announced it has now fully complied with…