Month: April 2017
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Business
Rising Inflation Rate Pushes Bad Loan Ratio To 14%, Says CBN Report
Post Views: 1,257 • Also Blames Recession, Naira Depreciation The Central Bank of Nigeria (CBN) in its Financial Stability Report…
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Business
NSE Indices Up 0.81%, As FG, CBN Move To Resolve System Illiquidity
Post Views: 1,434 Market Update for April 5 Trading activities on the floor of the Nigerian Stock Exchange on Wednesday…
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Business
FG Clears 39-Month Pension Backlog With N54bn
Post Views: 1,737 The Federal Ministry of Finance, on Wednesday announced the payment of N54bn for backlog of 39-month pension…
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CBN Boosts BDCs With Fresh $10,000 Midweek Intervention
Post Views: 1,526 Poised to sustain the gains recorded so far in the value of the Naira against major world…
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Dangote Flour Mills Returns To Profit, Nets N10.569bn
Post Views: 1,523 Dangote Flour Mills, at the midweek, presented its audited result for the year ended December 31, 2016…
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Unity Bank’s 2016 Net Profit Drops By 53.42%
Post Views: 1,329 The board of Unity Bank Plc, on Wednesday, presented its audited result for the year December 31,…
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Business
Lasaco Reports 233% Net Profit Growth, Offers 3 Kobo Dividend
Post Views: 1,393 Directors of Lasaco Assurance Plc, on Wednesday gave shareholders reasons to cheer after years of drought, as…
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Auditors Call Attention To Erosion Of Unity Bank’s Tier1 Capital
Post Views: 1,481 • We’ll Conclude Recapitalisation Bid By Q3, Board Assures Unity Bank Plc, on Wednesday presented its audited…
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Business
When FG’s Savings Bond Becomes New Normal For Equity Traders
Post Views: 1,381 Market update for April 4 (BY AMBROSE OMORDION) The stock market on Tuesday had somewhat of a…
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