All posts in: Business
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3 years agoTitan Bank acquisition of Union Bank hits snag, amid investors’ tussle
The Federal High Court in Lagos has been asked to halt the acquisition of Union Bank of Nigeria (UBN) by Titan Trust Bank, following disagreement ...
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3 years agoNigerian banks spend N6.9bn on welfare package for MDs CEOs
Nigerian banks, to keep their directors, and chief executives happy, spent over N6.96 billion on sitting allowance and compensation in 2021, IgbereTV reports ...
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3 years agoRising diesel price, multiple taxation, others cripple our operations, manufacturers cry out
The Manufacturers Association of Nigeria (MAN) has requested the government to review its diesel importation channel, to preve...
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3 years agoNigeria’s capital importation loses $6.92bn, as inflows dip in four consecutive quarters
The National Bureau of Statistics (NBS) has reported that capital importation declined in Q1 2022, mirroring other corresponding...
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3 years agoTough time for Nigerian companies as customers buy mostly on credit
Nigerian companies are facing a cash crunch which confirms how financially stretched Nigerians are becoming, ...
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3 years agoInvestors make N10bn as Nigeria’s capital market rebounds from bearish trading
The Nigerian capital market rebounded from two consecutive losses on Thursday with the equity ca...
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3 years agoCrude oil price crashes amid recession fears
Price of Brent crude oil dropped to $99.78 amidst fears over global economic recession, IgbereTV reports The fall in crude oi...
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3 years agoNaira kicks off July strong, as Forex transactions rise 95% in H1, 2022
Nigerian currency kicked off the month of July with a marginal gain, but pressure from forex scarcity and the Joe Biden administration interest hik...
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3 years agoNiger Insurance, Honeywell Flour and Okomu Oil among stocks to watch this week
This week, Niger Insurance, Honeywell Flour and Okomu Oil made the list of stocks to watch, as...
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3 years agoStock Roundup: Investors trade N24.4bn worth of shares as financial sector leads activities
Investors in the Nigerian capital market traded 1.348 billion shares worth N24.487 billion in 22,155 deals this week, IgbereTV ...
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3 years agoAnalyst predicts oil price to hit $200, as G7 countries move against Russia
Oil price is expected to reach $200 after a group of rich nations under the aegis of the G7 announces a plan to cap the price of Russian crude,...
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3 years agoInvestors pocket N7.33bn as Nigeria’s stock market rebounds from bearish trading
Nigerian capital market shareholders went home with N7.33 billion following the rise in eq...
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3 years agoNaira falls heavily to US dollar at official markets amid low FX supply
The Naira has fallen heavily to the US dollar as investors, and exporters continue to battle with for...
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3 years agoNaira crashes to N621/$1 at peer-to-peer market
For a Nigerian trying to buy a dollar at the peer-to-peer exchange platform, you need at least N620 or more depending on the amount you need and the time of purchase, Igbe...
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3 years agoInvestors make N140bn as Nigeria’s stock market maintains bullish run
The Nigerian capital market maintained its bullish run on Monday following the 0.49 percent rise in equity capitalisation at the close of the...
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3 years agoNaira drops to N620/$1 at black market as pilgrims prepare to travel
Nigerian currency, Naira on Monday morning plunged to a new all-time low of N620 against the dollar at the unofficial market amid the scarcity of the ...
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3 years agoGetEquity co-founder, Jude Dike reacts to allegation of illegal operation
The Co-founder of GetEquity, Jude Dike, has reacted to allegations that the company was operating an illegitimate business, IgbereTV re...
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3 years agoThings to consider before investing in office property
Office property investment is not just an investment you can barge into without putting some factors into consideration. Things have been changing rapidly which has...
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3 years agoStock roundup: Investors trade N13.703bn shares in five days
Investors in the Nigerian stock market traded 1.121 billion shares worth N13.703 billion in 22,350 deals last week, IgbereTV reports. This surpassed th...
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3 years agoDebtors to pay Access Bank, EcoBank, 10 others N23.9tr
Debtors including companies and individuals owed 12 commercial banks in the country N23.9 trillion as at the end of March ...
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