Sunday, June 21, 2026
Analysts want bank investors to take comfort in windfall tax being one-off event
Say this should not dampen appetite for ongoing rights issue, public offering Tax on 2023 realised FX gain spread over...
Read moreDetailsNigeria records 5% boost in net foreign exchange inflows to $25.4bn in H1 2024
Business a.m. The Central Bank of Nigeria (CBN) has confirmed that the total net foreign exchange inflows into the country...
Read moreDetailsCBN’s Retail Dutch auction sells $876m to 26 banks, disqualifies 6
Business a.m. The Central Bank of Nigeria (CBN) has announced the successful conclusion of a Retail Dutch Auction System, where...
Read moreDetailsDangote to divest 12.75% refinery stake amid liquidity concerns, says Fitch
Business a.m. Global credit rating agency, Fitch Ratings, has disclosed that the Dangote Group intends to sell off a 12.75...
Read moreDetailsCBN approves Unity Bank, Providus Bank merger to boost financial system resilience
Business a.m. The Central Bank of Nigeria (CBN) has granted approval for the merger of Providus Bank and Unity Bank,...
Read moreDetailsNigeria misses top 5 cut in Africa’s investment attractiveness rankings
Seychelles, Mauritius, Egypt, South Africa and Morocco earn top spots Onome Amuge Nigeria, despite its substantial economic might, has failed...
Read moreDetailsJuly funding frenzy pushes African start-ups past $1.2bn in 2024
Business a.m. African start-ups recorded a remarkable fundraising performance in July 2024, raising $420 million, the highest monthly figure in...
Read moreDetailsAnalysts say review insurance coverage, amid social unrests
Advise business interruption insurance Insurers respond with innovative solutions Specialised civil unrest, riot coverage CYNTHIA EZEKWE IN LAGOS, NIGERIA ...
Read moreDetailsAnalysts pounce on Tinubu’s speech as tone deaf to protesters’ demands
ONOME AMUGE IN LAGOS Analysts have expressed strong criticism of President Bola Tinubu's Sunday nationwide address, which they observed, failed...
Read moreDetailsNGX posts N123bn profit in bullish start to trading week
Business a.m. The Nigerian Exchange (NGX) kicked off the new week and September with a bang, as investors gained a...
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