New Telegraph
Mr. Ernest Ebi, Chairman of Fidelity Bank Plc,. who recently celebrated his 70th birthday, bowed out of the reputable financial institution at the end of June 30, 2020, having contributed his quota to the remarkable…
Chris Ugwu
…thrives on low stock prices Despite the ravaging Coronavirus pandemic, the stock market returned to positive route in Q2 as investors leveraged low prices of stocks. Chris Ugwu writes The Nigerian stock market, which closed…
Tony Chukwunyem
Despite the Coronavirus (Covid-19) pandemic induced pessimistic outlook issued for the Nigerian economy by both the World Bank and the International Monetary Fund (IMF), the Central Bank of Nigeria (CBN) is confidently working towards ensuring…
Bayo Akomolafe
Some liquefied natural gas valued at N101.2bilion ($225million) has left Onne Port within the last one month to various destinations in Asia, Europe and the United States. Despite the fall in price of gas in…
Tony Chukwunyem
Bank customers in the country abandoned 2.6million accounts between March and May this year, findings by New Telegraph show. According to the “Industry Customer Bank Account Data” for the months of March, April and May…
BAYO AKOMOLAFE
The outbreak of Coronavirus pandemic has affected growth and earnings negatively in the maritime industry mostly in the second quarter of 2020, BAYO AKOMOLAFE reports. The effect of the Coronavirus (COVID-19) pandemic on the maritime…
Chris Ugwu
Shareholders of banks quoted on the main board premium boards of the nation’s stock market reported a cumulative loss of about N559 billion during the half year ended June 30, 2020 following sustained sell off…
Chris Ugwu
Activities on the Nigerian Stock Exchange (NSE) closed positive yesterday, reversing prior four days negative sentiments following gains recorded by blue chip stocks. The key market performance measures, the NSE All Share Index and market…
New Telegraph
The naira eased 5.5 per cent against the dollar on the official market on Tuesday, after the Central Bank of Nigeria (CBN) sold dollars to lenders at a lower rate. Reuters reported traders as saying…
New Telegraph
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has upgraded its mobile app by introducing exciting features to enable seamless transactions for its customers. In a press release, the lender said: “The one-stop…
