Nigerian Interbank Lending Rate Drops to 5%
Dipo Olowookere By Dipo Olowookere The interbank lending rate in Nigeria slumped sharply to 5 percent on Friday from 15…
July 2017
Lagos Signs 32 Tonnes per hour Rice Mill Deal With Swiss Firm
By Dipo Olowookere Governor Akinwunmi Ambode of Lagos State has signed an agreement with a leading rice-mill producer…
Forex Market Gets $462m Intervention from CBN
By Dipo Olowookere A total of $462.3 million was released into the foreign exchange market yesterday by the…
Index Rises 8.36% as UBA Boosts NSE Trades by N30.6b
By Dipo Olowookere In the just concluded trading week, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and…
Wema Bank Partners Asurf TV to Premiere Hakkunde
By Dipo Olowookere Wema Bank Plc has partnered with Asurf TV for the premiere of Hakkunde, an intriguing…
Six Kidnapped Lagos Students Regain Freedom After 64 Days
Modupe Gbadeyanka By Modupe Gbadeyanka The six students of Lagos Model College, Igbonla in Epe, kidnapped by some hoodlums on…
FCMB Suffers Huge Decline in Profit, Revenue in Six Months
By Modupe Gbadeyanka Second tier lender in Nigeria, FCMB Plc, has recorded a sharp drop in its profit…
HY 2017: Mobil Nigeria Jerks Turnover up by 11.9%
By Modupe Gbadeyanka One of the major players in the oil and gas sector in the country, Mobil…
HY Earnings: Diamond Bank Customers Deposit Base Drops
By Modupe Gbadeyanka One of the lenders in the country, Diamond Bank Plc, has suffered a decline in…
Dangote Cement CFO Brain Egan Becomes Executive Director
By Modupe Gbadeyanka The Group Chief Financial Officer (CFO) of Dangote Cement Plc, Mr Brian Egan, has been…