Archives for April 28, 2021
CSCS bags Market Choice Award
Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, bagged the prestigious Market Choice award and celebrated for its outstanding counterparty trust assurance, broad asset class coverage, enhanced collaboration…
Security: Declare state of emergency, Reps urge Buhari
The House of Representatives, on Tuesday, asked President Muhammadu Buhari to declare a state of emergency on security, following the recent taking over of 42 communities in Niger State by…
Report ranks Nigeria third worst country in the world
The Chandler Good Government Index has ranked Nigeria as the third worst governed country in the world. The report ranked the nation very low in governance, leadership and foresight, scoring…
Petroleum Products: Nigeria loses N15.71bn to vandalism in 2020 – NNPC
Amid continued pipeline vandalism in the country, petroleum products worth were lost last year, according to the Nigerian National Petroleum Corporation. Data obtained from the NNPC showed that petroleum products…
CBN boast FOREX market with $1.47bn in one month
The Central Bank of Nigeria injected $ into the foreign exchange segment of the market as part of its efforts to stabilise the naira in January. According to figures from…
Union Homes grows net income by 3% to N102.25m in Q1 2021
Union Homes Real Estate Investment Trust (UH REIT), a closed-ended Fund primarily involved in acquiring investment properties which are held for capital appreciation has released its statement of comprehensive income…
FBN Holdings settles shareholders with N16.15b dividend
By Ngozi Onyeakusi--- FBN Holdings Plc shareholders has declared a total dividend of billion for the financial year ended Dec. 31, 2020. The shareholders approved the dividend at the company’s…
Fidelity Bank posts N55.122 bn gross in 2021 Q1
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi--- Fidelity Bank Plc, a Nigerian bank which provides a full range of financial services including investment, commercial and retail banking has released…