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GDP Grows By 0.51 Per Cent in Q1 2021
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    GDP Grows By 0.51 Per Cent in Q1 2021
    Economy Watch

    GDP Grows By 0.51 Per Cent in Q1 2021

    May 23, 202101114

    The National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) by 0.51 per cent in first quarter (Q1) of 2021. It said in its dat

    Polaris Bank Makes Profit N28.9Billion in 2020 Financial Year
    Economy Watch

    Polaris Bank Makes Profit N28.9Billion in 2020 Financial Yea...

    May 20, 202101416

    Polaris Bank Limited has released its full-year audited financial results for the year ended December 2020 posting a Profit Before Tax (PBT) of N28.9b

    Dangote Cement Restates Commitment to Close Demand Gap
    Economy Watch

    Dangote Cement Restates Commitment to Close Demand Gap

    May 18, 202101411

    Following the surge in demand for cement products in the country, Dangote Cement Plc has restated its commitment in meeting the demand gap to ensure t

    Dangote Sugar Posts N11.95bn Profit in Q1
    Economy Watch

    Dangote Sugar Posts N11.95bn Profit in Q1

    May 12, 202101173

    Dangote Sugar Refinery Plc has reported a profit before tax of N11.95 billion for the first quarter ended March 31, 2021. The profit before tax was hi

    Unity Bank’s Unstable Financial Base, Governance Structure, Worries CBN
    Economy Watch

    Unity Bank’s Unstable Financial Base, Governance Structure, ...

    May 10, 202101581

    The unstable financial base of the bank coupled with its weak governance structure has been a major cause of concern to the Central Bank of Nigeria (C

    Shareholders Commend Union Bank Sustained Profitability Despite Covid-19
    Economy Watch

    Shareholders Commend Union Bank Sustained Profitability Desp...

    May 4, 202101267

    Union Bank of Nigeria Plc shareholders have approved the group’s 2020 annual accounts and commended the board and management for sustained profitabili

    Stanbic IBTC to hold 9th AGM on 27 May 2021
    Economy Watch

    Stanbic IBTC to hold 9th AGM on 27 May 2021

    May 4, 202101336

    Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced plans to hold its 9th Annual General Meeting at I.B.T.C. Place Walter Carrin

    First Bank Releases Corporate Statement on New Board Constitution
    Economy Watch

    First Bank Releases Corporate Statement on New Board Constit...

    April 30, 202101507

    Nigeria’s First Bank refers to Central Bank of Nigeria (CBN) pronouncement on reconstitution of its Board of Directors. The commercial bank stated fur

    AfDB, IFAD to Enhance Food Security in Africa
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    AfDB, IFAD to Enhance Food Security in Africa

    April 30, 202101547

    Dr Akinwumi Adesina, President of AfDB The African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD) have express

    CBN Sacks First Bank Directors, Reinstates Adeduntan as MD/CEO
    Economy Watch

    CBN Sacks First Bank Directors, Reinstates Adeduntan as MD/C...

    April 29, 202101490

    Following the removal of the chairmen and directors of the First Bank Plc and First Bank Holdings on Thursday night, the Central Bank of Nigeria (CBN)

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