Analysts Upbeat on UBA Over Half Year Earnings Carnival
Analysts Upbeat on UBA Over Half Year Earnings Carnival The United Bank for Africa (UBA) Plc announced its half year 2023 earnings carnival which saw key performance indicators edging higher…
Asset Quality: Jaiz Bank Sets N1bn for Q4 Impairment Charge
Asset Quality: Jaiz Bank Sets N1bn for Q4 Impairment Charge Amidst rising pressures on asset quality, Nigeria’s premier non-interest lender, Jaiz Bank Plc has estimated N1 billion as an impairment…
Valuation: BUA Foods Rocks on Tiny Free Float
Valuation: BUA Foods Rocks on Tiny Free Float BUA Group’s key subsidiaries –Foods and Cement- listed on the Nigerian Exchange (NGX) now have a combined market valuation of N6.6 trillion.…
Rates Spike as PFAs, Banks Reduce Appetite in FGN Bonds
Rates Spike as PFAs, Banks Reduce Appetite in FGN Bonds At the Debt Management Office (DMO) primary market auction for Federal Government of Nigeria (FGN) bonds, pension fund administrators (PFAs),…
Naira Slumps Amidst Large Decline in FX Trading Activity
Naira Slumps Amidst Large Decline in FX Trading Activity Exchange rate: The Naira slumped against the dominant foreign currencies despite the fact that the United States (US) dollar volume traded…
Equities Analysts See 53% Upside in Zenith Bank
Equities Analysts See 53% Upside in Zenith Bank Equities analysts at Apex Asset Limited have placed Zenith Bank shares on its buying bucket after a strong earnings beat in the…
Now On [VIDEO.I.NG] Ondo State Commissioner For Women Affairs Attacked During Fuel Subsidy Removal Palliative Distribution
Ondo state commissioner for women affairs and social development, Adebunmi Osadahun, has been attacked over distribution of federal government palliative in Akoko Northwest local government area of the state. Osadahun…
NGX Falls By N409bn as Zenith, GTCO Shares Plunge
NGX Falls By N409bn as Zenith, GTCO Shares Plunge The Nigerian Exchange (NGX) equities market capitalisation shed by more than N409 billion in a week due to selloffs in Zenith…
Investment Inflows to Telecom Jumps to $77bn –NCC
Investment Inflows to Telecom Jumps to $77bn –NCC Telecom Sector: Prof. Umar Danbatta, the Executive Vice-Chairman of the Nigeria Communications Commission (NCC), says telecoms investment inflow grew from $38 billion…
NNPC, Indorama Partner on 800mscf Gas Supply, Industrialisation
NNPC, Indorama Partner on 800mscf Gas Supply, Industrialisation GAS: The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with Africa Indorama Energy Petrochemical Ltd.…