Business

Naira gains, exchanges at N1,142 against dollar

The naira, on Friday, April 12, 2024, appreciated at the official market, trading at N1,142.38 to the dollar. Data from…

2 years ago

2023 results: Zenith Bank achieves milestones in earnings, profit, deposit, assets

Zenith Bank Plc has achieved a remarkable triple-digit growth of 125% in gross earnings from N945.6 billion reported in 2022…

2 years ago

IMF: Inflation’ll drop in 2024

The International Monetary Fund (IMF) has projected a further drop in inflation rate in the year 2024. IMF said inflation…

2 years ago

UBA profit hits N758bn, assets rise to N20.65trn

The United Bank for Africa (UBA) Plc has recorded N758 billion profit in the full year which ended on December…

2 years ago

Geregu Power records N14.46bn profit in Q1 2024

Geregu Power Plc has recorded N14.46 billion or 307.5 per cent profit growth in the first quarter (Q1) of 2024.…

2 years ago

GTCO posts N609.3bn profit, CEO speaks on success

Guaranty Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion for the financial year ended…

2 years ago

Stock market drops over sell-offs in banks, others

The domestic stock market opened the trading week on Monday, April 8, 2024, on a bearish note due to sell…

2 years ago

Zenith Bank’s assets hit N20.4trn, lender posts N795.9bn profit

Zenith Bank Plc has declared that its total assets increase to N20.368 trillion in the year 2023. The Company Secretary…

2 years ago

CBN bans foreign currencies as collateral for naira loans

The Central Bank of Nigeria (CBN) has directed all banks in the country to stop the use of foreign currencies…

2 years ago

CBN sells $10,000 to BDC operators at N1,101/$

The Central Bank of Nigeria (CBN) has approved daily sales of $10,000 to 1,588 eligible Bureau De Change (BDC) operators…

2 years ago

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