Business

Stock market falls by N1.48tn in Q3 The Nigerian stock market lost N1.48tn in the third quarter (Q3) of 2022 as investors’ moved their investment to fixed market instruments. In the...

GoMed, Online Pharmacy Begins Operations in Lagos ...Targets $2.5 billion pharma market. GoMed, an online marketplace for community pharmacies has launched in Lagos to provide on-the-go access to safe medicines,...

Sterling’s Unify To Digitize Nigerian Education in Partnership with Africa EDUCare Sterling Bank Plc, Nigeria’s leading commercial bank, has signed a memorandum of understanding (MoU) with Africa EDUCare, a disruptive...

FirstBank Partners Verve International to Make Customers Millionaires with Promo  In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology...

Nigeria’s economic outlook welfare worsening – W’Bank As the Nigerian economy continues to experience dwindling fortunes, the World Bank has said the country's economic outlook is uncertain and its ability...

Crude Oil price drops to $86/barrel Brent, the global benchmark for crude, on Sunday dropped in price as virtually all oil grades witnessed reduced prices on the first day of the...

Electricity: customers pay N210bn in three months The Nigerian Electricity Regulatory Commission, NERC on Thursday, said electricity  customers paid a total of N210.17bn to distribution companies (DISCOS) in the fourth...

FirstBank Hosts Financial Markets Dealers Association First Bank of Nigeria Limited has hosted the Financial Markets Dealers Association’s (FMDA) quarterly meeting on Friday, 16 September 2022, at Federal Palace Hotels,...

Banks’ income tax soars by 35% to N75bn in H1’22 Major banks in Nigeria paid N75.4 billion as Company Income Tax (CIT) in the first half of the year, (H1’22),...

Prudential Zenith Life Insurance Hits 75% Growth in Profit after Tax Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording...