British American Tobacco

British American Tobacco investigated by Serious Fraud Office

Wale Akintunde  UK tobacco firm British American Tobacco (BAT) says it is under official investigation by the Serious Fraud Office (SFO) over allegations it paid...

UBA, FBN Holdings, Access, 48 other spur 8.36%

 WALE AKINTUNDE   The Nigerian Stock Exchange (NSE) last week extended gains on investments as value of stocks increased led to 8.36% percent growth in the...
NSE

Financial Services grabs 94% of the pie in equity market week-long gain

Wale Akintunde The Nigerian stock market closed the week on a positive note as the NSE All-Share Index and Market Capitalization appreciated by 2.28% to close...

CBN, Shareholders in face-off over banks’ N1.85trn bad debts

ADEBISI ADEMOLA Shareholders' groups are blaming the Central Bank of Nigeria (CBN) for the rising Non-Performing Loans (NPL) or bad debts in banks which are eroding...

GTBank, Zenith, Access, 2 others’ exposure to Oil & Gas hits N2.2trn in 2016

….total bad loans provision rose to N167bn ADEBISI ADEMOLA. Unfazed by the fluctuations in the global oil sector, five commercial Banks granted N2.2 trillion credit to...

Equities’ market jumps N942bn in 5months

ADEBISI ADEMOLA With the seeming stability in the nation's economy, the equities market segment of the Nigerian Stock Exchange (NSE) has grown by N942 billion...
Skye bank

Again, Skye Bank defaults NSE rules, fails to file 2016 accounts

ADEBISI ADEMOLA Skye Bank Plc for the second time in one year has failed the statutory requirements to file its results and accounts with the...

Macro economy challenges: FBNH, Diamond Bank, Union Bank, FCMB suffer N5.79bn drop in profit

ADEBISI ADEMOLA. First Bank of Nigeria Holdings Plc (FBN Holdings), Diamond Bank Plc, First City Monument Bank Plc (FCMB) and Union Bank of Nigeria Plc...

Researchers investigate the ocean’s deep biosphere.

Bundled in layers of blankets for warmth, Laura Zinke settled in for a two-hour ride to the bottom of the ocean. The temperature dipped...
Mohammed Kari

Bancassurance, Referral agencies threaten over 5,000 insurers’ jobs.

Ahead of the release of guidelines to kick-start the alliances between the National Insurance Commission (NAICOM) and other regulators, the brokerage arm is getting...
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