Nigeria, June 4 -- Abbey Mortgage Bank has secured regulatory go-ahead from the Central Bank of Nigeria (CBN) to proceed with its planned conversion to a regional commercial bank, the mortgage lender ... Read More
Nigeria, June 3 -- Nestoil Limited has engaged in a verbal clash with Abubakar Sulu-Gambari, the receiver/manager appointed over the company and Neconde Energy in respect of an alleged debt default. ... Read More
Nigeria, June 2 -- The Supreme Court of Nigeria has set aside an order issued by the Court of Appeal, freezing the assets of Neconde Energy and Nestoil Limited as well as those of their principal prom... Read More
Nigeria, June 1 -- Nigerian stocks reported a modest gain last week, appreciating by 0.3 per cent as the market only ran limited trading sessions on account of the public holidays commemorating Eid el... Read More
Nigeria, May 26 -- Fidelity Bank posted a 37.9 per cent boost in gross earnings in the first quarter of the year, compared to the same period of last year, on the back of interest income, according to... Read More
Nigeria, May 22 -- Mutual Benefits Assurance reported on Friday a 45 per cent increase in net profit for the 2025 financial year, receiving a major boost from its insurance business. Shares in the in... Read More
Nigeria, May 21 -- Femi Otedola, the chairman and biggest shareholder of financial services group First HoldCo Plc, hopes to invest $100 million in the proposed private placement of Dangote Petroleum ... Read More
Nigeria, May 18 -- Nigerian stocks continued their upward trajectory last week as the benchmark index expanded by 2.3 per cent, taking the year-to-date yield of the market to 60.9 per cent. Industrial... Read More
Nigeria, May 16 -- Jaiz Bank, Nigeria's pioneer non-interest bank, logged a 28.4 per cent surge in net profit for last year, compared to 2024, on the back of a notable increase in revenue, its audited... Read More
Nigeria, May 16 -- Sterling Financial Holdings reported a 74.8 per cent increase in net profit for 2025, compared to the preceding year, amid improvement across the group's key revenue streams, accord... Read More