Markets

Markets

Skye Bank’s earnings resilient as profit up 52 percent

BusinessDay Aug 03, 2015

Skye Bank Nigeria Plc has proven resilient to tight money policies by the Central Bank if Nigeria (CBN) as the lender...

Markets

CWG finishes H1 with a strong cash position of N1.3bn

BusinessDay Aug 03, 2015

Computer Warehouse Group Plc. (CWG), a leading pan African ICT Company, this week released its unaudited H1 2015 financial results for...

Markets

Berger Paint proposes consumer advocacy for higher turnover

BusinessDay Aug 03, 2015

Berger Paints Nigeria plc has appraised the Nigeria’s operating environment and proposed operation of consumer advocacy as a strategy to...

Markets

NSE: Domestic investors regain control as transaction increase by N68 billion in June

BusinessDay Aug 02, 2015

Domestic investors dominated activities at the Nigerian stock exchange as domestic transaction increased by N68 billion in the month of...

Markets

Pan-African banking group Ecobank half year pretax profit rises

BusinessDay Aug 02, 2015

Ecobank posted a 47.4 percent jump in half year pretax profit to 61.41 billion naira ($309 million) versus the same...

Markets

Sterling bank partners Dana Motors for Auto finance campaign

BusinessDay Aug 01, 2015

Sterling Bank Plc has partnered Dana Motors Limited, the sole distributor for the famous Kia brand of vehicles in Nigeria...

Markets

Chevron profit tumbles 90 per cent

BusinessDay Jul 31, 2015

Second quarter profit at oil producer Chevron Corp, on Friday, tumbled 90 per cent, missing analysts’ expectations, amid weakness in...

Markets

UACN, Dangote Sugar refinery profit falls

BusinessDay Jul 31, 2015

Nigerian conglomerate UACN reported a 58 percent decline in its half year pretax profit to ₦2.14 billion ($11 million), compared...

Markets

Ecobank profit advances as African lender continues cost cutting

BusinessDay Jul 31, 2015

Ecobank Transnational Inc.’s first-half profit climbed 26 percent as Africa’s most geographically diverse lender maintained its efforts to curb expenses....

Markets

IOSCO publishes review of timeliness, frequency of disclosure to investors

BusinessDay Jul 31, 2015

The Board of the International Organisation of Securities Commissions (IOSCO) yesterday published its “Thematic Review of the Implementation on the...

Markets

Honeywell Flour Mills reports 66.27% decline in full year profit

BusinessDay Jul 31, 2015

Honeywell Flour Mills plc has released its audited full year financial results for the period ended March 31, 2015. The...

Markets

Stock market dips further as Guinness, UACN, Nigerian Breweries, others lose

BusinessDay Jul 31, 2015

Nigerian stock market slowed further by about 0.25% as equities lost additional N25billion at the close of trading on the...

Markets

Belo-Olusoga becomes Access Bank’s board chairperson as Oyebode retires

BusinessDay Jul 31, 2015

Access Bank plc has announced the retirement of Gbenga Oyebode as a director/chairman of the bank and the appointment of...

Markets

CBN calls for strengthening of NSIA to improve Nigeria’s credit rating

BusinessDay Jul 31, 2015

The Central Bank of Nigeria (CBN), yesterday, said the National Sovereign Investment Authority (NSIA) should be strengthened through more funding...

Markets

Ecobank profit advances as African lender continues cost cutting

BusinessDay Jul 31, 2015

Ecobank Transnational Inc.’s first-half profit climbed 26 percent as Africa’s most geographically diverse lender maintained its efforts to curb expenses....