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The Presidency announced the deployment in the statement below signed by spokesman Femi Adesina President Muhammadu Buhari has approved the immediate deployment of four out of the newly appointed Ambassadors-Designate…
Nairametrics| The International Monetary Fund (IMF) released another report on Nigeria and its battle to escape the clutches of its first economic recession in over 25 years. The report, as…
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…
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