Oando seals underwriting pact with Afreximbank's insurance subsidiary

Nigeria, April 1 -- Oando Plc has entered into a strategic partnership with AfrexInsure, the specialty insurance subsidiary of African Export-Import Bank (Afreximbank), the bank disclosed in a stateme... Read More

MTN Nigeria vests 1.3 million shares to key staff

Nigeria, April 1 -- MTN Nigeria Communications Plc has vested 1.3 million ordinary shares to its key executives, according to regulatory filings by the mobile network operator. The company vested the... Read More

GTCO's annual profit jumps 89% amid higher interest rate charges

Nigeria, March 29 -- Net profit at Guaranty Trust Holding Company (GTCO) accelerated by 88.6 per cent for the financial year 2024, according to its audited report released on Friday, as an elevated in... Read More

Zenith Bank's annual profit soars to record N1 trillion

Nigeria, March 28 -- Zenith Bank posted a net profit growth of 52.6 per cent last year, taking its bottom line to a record N1 trillion, according to the newly issued audited earnings report of the big... Read More

First Bank appeals court order, says General Hydrocarbons' oil cargo remains detained

Nigeria, March 26 -- The First Bank of Nigeria said it has appealed the Federal High Court Port Harcourt's decision to dismiss the suit it initiated against General Hydrocarbons, an energy firm. In a... Read More

First Bank appeals court order freeing General Hydrocarbons' oil cargo

Nigeria, March 26 -- The First Bank of Nigeria said it has appealed the Federal High Court Port Harcourt's decision to dismiss the suit it initiated against General Hydrocarbons, an energy firm. In a... Read More

First Bank fumes as court dismisses suit against General Hydrocarbons

Nigeria, March 26 -- The management of First Bank on Tuesday expressed dismay at the ruling of a federal high court sitting in Port Harcourt, Rivers State, which set aside a legal action the bank init... Read More

Court dismisses First Bank's suit against General Hydrocarbons

Nigeria, March 26 -- The Federal High Court sitting in Port Harcourt, Rivers State, has dismissed a suit First Bank instituted against energy company General Hydrocarbons. Details seen by this newspa... Read More

Access Holdings, Red Star Express, Lasaco Assurance top stock pick this week

Nigeria, March 24 -- Nigerian stocks fell for the fourth consecutive week last week, depreciating by 0.9 per cent following sell-off in industrial goods, oil & gas and bank stocks. That has left the ... Read More

UBA reports record N767 billion annual profit amid higher interest rates

Nigeria, March 24 -- United Bank for Africa (UBA) posted its biggest net profit on record for the financial year 2024 as the interest income of the pan-African lender expanded more than twofold, its a... Read More

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