Union Bank today released audited results for the financial year ended 31 December 2016. Gross earnings N’million FY 2016| N126,590 FY 2015| N117,211 %age change|8% Profit after tax N’million FY…
Nairametrics| Official records of the CBN indicates that the external reserves as at March 29, 2017 currently stands at $30,296,992,832 . Gross external reserves was $30,340,326,322 as at the 24th…
UAC today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016| N84,607 FY 2015| N73,771 %age change|15% Profit after tax N’million FY 2016| N5,667…
Dangote Sugar today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016| N169,725 FY 2015| N101,058 %age change|68% Profit after tax N’million FY 2016|…
Summary of the top business, economic and political news in Nigeria. NAIRAMETRICS BUSINESS & ECONOMY CBN Approves $10k Per Week FX Sale To BDC’s – The Central Bank of Nigeria…
Nairametrics| Phthluma Nhleko was paid $5.6 million for his 16-month tenure as Executive Chairman of the MTN Group. Mr. Nhleko took over the running of the company in November 2015…
Nairametrics| Shell Petroleum Development Company of Nigeria (SPDC) announced the shutting down of the Nembe Creek Trunk Line (NCTL). The pipeline measures 97 kilometres and has a capacity of transporting…
Nairametrics| A friend of Nairametrics once remarked “A Circular a day, keeps speculators away”. It appears the CBN is determined to stick to that mantra. The CBN on Friday issued…