Market – Finance

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  H1 2012 Earnings: Stanbic Reports N5 billion Net Income

  LAGOS, NIGERIA – 26 July 2012 – Stanbic IBTC Bank, a member of Standard...

  • Posted July 26, 2012
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  Oil Falls For First Day In Three As U.S. Stockpiles Increase

  Oil dropped for the first time in three days in New York on concern...

  • Posted July 26, 2012
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  CBN to compel Banks to close their Foreign subsidiaries

  The Central Bank of Nigeria (CBN) is increasing restrictions to Nigerian banks who operate...

  • Posted July 26, 2012
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  H1 2012 Earnings: Zenith Bank’s PBT Reported at N50.2 billion

  LAGOS, NIGERIA – 25, July 2012 –Zenith Bank Plc, (Bloomberg: ZENITHBA NL; REUTERS:ZENITH.LG) (“Zenith”...

  • Posted July 25, 2012
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  Oil Trades Below $90 A Barrel A Third Day On Supply Gain

  Oil traded below $90 a barrel for a third day in New York after an industry...

  • Posted July 25, 2012
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  Nigerian Stock Exchange Watch: Market Performs Well Despite Negative Close

  The Nigerian Stock Exchange recorded a good performance today despite closing in the negative....

  • Posted July 24, 2012
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  Sanusi Says Nigeria Won’t Drain Reserves To Shield Naira

  Nigerian Central Bank Governor Lamido Sanusi made the following comments after a meeting of...

  • Posted July 24, 2012
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  H1, 2012 Earnings: First Bank Reports 125% Growth in PBT at N 54 billion

  First Bank transmitted its first half, 2012 results to the Nigerian Stock Exchange today....

  • Posted July 24, 2012
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  Oil Advances From One-Week Low On China Manufacturing Data

  Oil rebounded from the lowest close in a week in New York after a Chinese manufacturing...

  • Posted July 24, 2012
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  Nigerian Stock Exchange Watch: ASI (+1.24%) Gains as Dangote Cement (+5%), Bluechips Surge

  The Nigerian Stock Exchange gained a whopping 1.24%, its sixth highest daily appreciation on...

  • Posted July 23, 2012
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