BOI Grows Profit By 75% To N62bn In 2021   The Bank of Industry (BOI) Group has reported a profit before tax of N62.28 billion for the financial year ended December 31, 2021; 75 per cent higher than the 2020 profit of N35.54 billion. This is contained...

Banks Resilient, Record 6.8% Profit Growth In H1, 2021     Nigerian banks recorded 6.8 per cent growth in profit in the first half of 2021 as the sector strived to remain resilient during the COVID-19 pandemic, according to a new report. Afrinvest West Africa said this in...

Stock Investors Take Profits As Market Sheds N51bn     The Nigerian equities market fell for the second consecutive day on Thursday, with the total market value losing N51.27bn as investors took profits in MTN Nigeria Plc and some other stocks. The All-Share Index of the Nigerian Exchange...

Sustained Profit-taking Drags Market Capitalisation By N12bn   Sustained profit-taking by investors on the Nigerian Exchange Limited (NGX), halted the five consecutive sessions of gains recorded last week, forcing the equities market to close on a downward note yesterday, as market capitalisation dipped by N12 billion. At...

Profit-taking In Large-cap Stocks Triggers N153bn Loss   The equities market of the Nigerian Exchange Limited lost N153.15bn at the end of trading on Monday as investors took profits in large-cap stocks. The NGX All-Share Index declined by 0.71 per cent to 41,144.67bps from 41,438.15 basis points...

Tech Startups And The Profit Of Cooperatives, by Inyene Ibanga           Humanity acknowledges that the current global realities demand creativity and innovation to address the numerous challenges confronting countries, businesses and individuals as a result of dwindling resources. The situation has further worsened with the crippling...