. Lagos, Bauchi, Kaduna top debtors’ list Lagos, Bauchi and Kaduna are the biggest foreign debtors among the 36 states in the country, according to official data analysed by Daily Trust. Records posted on the Debt Management Office (DMO) website shows that the foreign debt stock of some of the […]
Capital Market
12 banks earn N1.4tn in six months
Nigerian banks recorded an increase in earnings for the first half of this year, but their profits were affected by a variety of factors, OYETUNJI ABIOYE writes Twelve banks recorded gross earnings of N1.4tn during the first six months of this year, according to information obtained from the Nigerian Stock […]
Nigerian Equities Up as Foreign Investors Buy Into Local Banks
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities climbed up on Friday following the acquisition of stakes into Ecobank Transnational Incorporated and Union Bank of Nigeria Plc (UBN) by foreign investors aiding the reversal of earlier losses recorded in the week. On Thursday, Qatar National Bank (QNB) bought a 12.5 […]
