Business

Naira gains, exchanges at N1,400 against dollar

The naira closed the week on a positive note on Friday, May 3, 2024, trading at N1,400.40 against the dollar.…

2 years ago

Investors gain N303bn at stock market

Resuming from the Workers’ Day holiday, the stock market, on Thursday, May 2, 2024, maintained a bull run as the…

2 years ago

Naira exchanges at N1,402 against dollar

The naira, on Thursday, May 2, 2024, depreciated at the official market, trading at N1,402.67 to the dollar. Data from…

2 years ago

NDIC raises banks’ deposit insurance coverage to N5m

The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for depositors of all licenced deposit-taking financial…

2 years ago

Transcorp revenue hits N88.6bn in Q1 2024

Transnational Corporation Plc (Transcorp) has recorded N88.6 billion revenue in the first quarter of 2024 which ended on March 31.…

2 years ago

Naira gains, exchanges at N1,390 against dollar

The naira, on Tuesday, April 30, 2024, gained N28.15 at the official market, trading at N1,390.96 to the dollar. Data…

2 years ago

MTN, Zenith Bank, others raise stock market by N196bn

Renewed demand for MTN Nigeria alongside Zenith Bank and FBN Holdings, among other leading stocks, on Tuesday, pulled the Nigerian…

2 years ago

MTN loses N575bn in Q1 2024

MTN Nigeria has recorded N575.6 billion pre-tax loss in the first quarter (Q1) of 2024. This was contained in a…

2 years ago

Naira crashes to N1,419 against dollar at official market

The naira, on Monday, April 29, 2024, further depreciated at the official market, trading at N1,419.11 to the dollar. Data…

2 years ago

Zenith Bank shareholders approve HoldCo structure as Ovia lauds investors

The shareholders of Zenith Bank Plc have approved the restructuring of the bank to a holding company. The shareholders approved…

2 years ago

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