Jumia announces 12% increase in profit to €27.9m in 2020
An African eCommerce platform, Jumia has reported a gross profit of €27.9 million, translating to...
Markets
Valency Agro Nigeria lists N5.12bn I CP on FMDQ Exchange
Following the due diligence process, the FMDQ Securities Exchange Limited, through its Board Listings and...
AfCFTA: Nigeria to benefit from $29trn market by 2050–Report
Ernst and Young (EY) in a new report has said that with the elimination of...
Ecobank announces listing of $300m Bond on London Stock Exchange
Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated (‘ETI’), has announced that it has successfully...
Nigeria exits recession as GDP grew by 0.11% in Q4 2020
The National Bureau of Statistics (NBS), says Nigeria’s GDP grew by 0.11 per cent in...
Forex, other markets turnover decline to N215trn in 2020
The Fixed Income and Currencies (FIC) markets have recorded a total transactions turnover of 215.08...
Nigeria pays off $500m Eurobond debt
Federal Government of Nigeria has said that it paid off the 6.75 per cent to...
External reserves up by $1.02bn in one month
The nation’s external reserves gained a total sum of $1.02billion in one month to close...
Equities market investors gain N127bn in bullish trading
Investors on the Nigerian Stock Exchange (NSE) gained N127 billion as market indices on Friday...
FG’s revenue from VAT grew by 29.7% to N1.53trn in 2020
The federal government of Nigeria has significantly increased revenue generated from Value Added Tax (VAT) in...
