The Nigerian Stock Market on Friday extended loses to two straight sessions as the All Share Index declined further by 0.15% to close at 27,282.67 points from the previous close of 47.353.22 points on Thursday. Market Capitalisation was down by 0.15% to close at N25.483 trillion against Thursday’s close of N25.521 trillion, shedding N38 billion. The aggregate […]
The Nigerian Electricity Regulatory Commission has announced that the Federal Government has removed subsidy on electricity. The Chairman of the Commission, Sanusi Garba, said the review was conducted in line with multi-year tariff order that mandates that electricity tariff be reviewed every six months. NERC’s confirmation comes as the nation continues to confront an energy crisis amid[…]
The much anticipated audited report of Access Bank Plc for year ended 31 December 2021 has been released with a dividend declaration of 70 kobo to shareholders. The financial giant achieved significant growth in its top line and bottom line figures for the period under review. Gross Earnings of N971.885 billion was reported for the 12 months[…]