Tag Archives: Stanbic IBTC Bank

The six largest-listed banks by stock value in Nigeria achieved a consolidated net profit of 601.5 billion naira ($1.58 billion) over the first nine months this year. Denominated in the local currency, this makes an increase of 5.43% compared to the same period in 2019. In the US dollar, despite …

The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria may be opening up trade with neighbors after a year-long …