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Fidson Healthcare Set To Rake In 73.5% pre-tax profit growth in 5 years
Fidson Healthcare Plc has disclosed plans to grow its pre-tax profit by percent in the next five years to billion from billion at the end of…
Nigeria Debt Stock: Lagos, Edo, Kaduna, Cross River Top List
The Debt Management Office (DMO) has disclosed that four states out of the 36 states of the federation namely, Lagos, Edo, Kaduna and Cross River accounted for the…
Over 20 Million Bags Of Rice Smuggled Into Nigeria In 3 Months, RIPAN Laments
The Rice Processors Association of Nigeria (RIPAN) has raised an alarm that over 20 million bags of foreign rice, equivalent of one million metric tons, have been…
DMO Proposes N1.648 Trillion Borrowing Plan For 2019
The Debt Management Office (DMO), On Thursday released a proposed borrowing plan of N trillion for 2019 financial year, subject to the approval of the National Assmebly.…
NDIC recovers N29bn from liquidated banks
The Nigeria Deposit Insurance Corporation says it has so far recovered N29bn from debtors of liquidated deposit money banks, microfinance banks and primary mortgage banks in the…
Dangote refinery’ll improve Nigeria’s trade balance by $2bn yearly –IMF
The International Monetary Fund has said the crude oil refinery being built by Dangote Industries Limited will improve the trade balance by $2bn per year after coming…
Mercedes Opens New Factory In Russia
Germany’s Daimler AG has opened a new Mercedesfactory in Russia, part of a 250 million euro ($281 million) investment it says will create 1,000 jobs. CEO Dieter Zetsche explained that…
Nigeria’s debt Records N24.39tn, Grows by N2.66tn in one year
Nigeria’s total debt profile as of December 31, 2018, now stands at The figure swelled by per cent from in 2017 to in 2018. The debt…
NSE Unveils Multi-Asset Brand Campaign
By Ngozi Onyeakusi ---As part of efforts to boost investor education and increase investor participation in the Nigerian capital market, the Nigerian Stock Exchange (NSE) has flagged…
NSE ASI Dwindles by 0.39% on Sustained Sell-Offs
By Ngozi Onyeakusi --- The NSE ASI waned by amid sustained equities sell-off with the Local Bourse printing 19 losers against 11 gainers at close of…