Month: July 2019
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Business Insight
Dangote redeems financial pledge to Super Eagles
President of the Dangote Group, Alhaji Aliko Dangote, on Wednesday July 31, 2019 redeemed his financial pledge to the Super…
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Business Insight
What happened inside Donald Trump’s meeting with airline CEOs?
On the 18th of July, US airline CEOs met US President Donald Trump to discuss the competitive landscape and the…
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Implications for Monetary Policy and Financial Stability of Rising African Sovereign Debt
Good morning. Thank you very much for inviting me to give opening remarks at your annual symposium. It is a…
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Corporate Spotlight
FBN Holdings’ PAT records marginal decline in H1 2019
FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, has issued its financial statements for the six…
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NAFDAC cautions Nigerians on the danger of consuming stranded sea creatures
Nigerian watchdog on food and drugs has warned the public against eating washed up aquatic animals, especially those whose cause…
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Business Insight
Nigerian Senate canvasses for a return to Jan-Dec budget cycle
The Nigerian Senate has expressed the desire of the National Assembly to revert to a budget cycle that runs from…
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Business Insight
P&G posts strong sales, takes $8bn Gillette writedown
Procter & Gamble Co’s quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high…
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Business Insight
Billionaires tend to make riskier investment choices than millionaires
Last year’s stock market slump was hard on many investors’ portfolios, but it hit one group particularly hard: billionaires. Billionaires…
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Business Insight
Nigeria gets new acting Commissioner for Insurance
Inspenonline is reporting that Mr. Sunday Olorundare Thomas, Deputy Commissioner, Technical, at the National Insurance Commission (NAICOM), has been appointed…
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Union Bank records N12.1b profit before tax for 2019 half year
Union Bank of Nigeria (UBN), one of Nigeria’s longest standing and most respected financial institutions, has declared profit before tax of N12.1…
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