Thursday, May 9, 2024

Union, Unity, Wema Banks’ N397b earnings rob shareholders

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By Kelechi Mgboji Assistant Business Editor Union Bank, Unity Bank, and Wema Bank reported N397 billion loss retained earnings in 2015, with the effect their shareholders...

Bonds rise, stocks fall after Buhari’s win

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By Jeph Ajobaju, Chief Copy Editor A mixed reaction came out of Nigeria’s stock market on February...

Seplat rakes in N37 billion as profit in half-year 2019

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By Ishaya Ibrahim  One of Nigeria’s leading indigenous oil and gas companies, Seplat Petroleum Development Plc, has posted 15...

Abuja reiterates commitment to capital market buoyancy

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. Finance minister says FG committed to its growth   By Jeph Ajobaju, Chief Copy Editor Abuja has...

Mixta Real Estate (Nigeria) Plc taps FMDQ for housing, dev. funding

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Housing and  Infrastructure development in the nation is taking progressive steps in the right direction, as another corporate, Mixta Real Estate (Nigeria)...

Now is the right time to reform oil pricing

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World oil prices, which have been highly volatile during the last decade, have fallen more than 50 per cent over the past year. The economic...

SEC, ACMAN to develop benchmark for capital market studies

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The Securities and Exchange Commission (SEC) and the Association of Capital Market Academics of Nigeria are partnering to...

CBN to officially devalue Naira to N250 to the dollar

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The Central Bank of Nigeria (CBN) will today announce the devaluation of the naira to N250 – $1, authoritative sources familiar the development have...

No respite for investors after N1.24tr loss in four months

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By Kelechi Mgboji Assistant Business Editor Huge losses at the Nigerian equities market have continued with investors losing N1.24 trillion in the four months to April. The...

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