The Nigerian Bourse recovered from the previous decline of 1.48% on Monday, advanced by 0.00%. The All Share Index soared by 0.02% closing at 51,138.92 points against the previous close of 51,127.38 points. Consequently, investors gained N3 billion as market capitalisation also soared to N27.853 trillion from N27.850 trillion of the previous session. The volume and value […]
The United States has resumed huge crude oil importation from Nigeria, increasing the country’s oil revenue by N156bn last month, The PUNCH findings revealed. The US increased its imports to 4.3 million barrels in March, the highest since June 2018, according to Customs data on Refinitiv Eikon. US refiners turned to other crude oil sources for the[…]
Guaranty Trust Holding Company (GTCO) has declared a final dividend of N2.80 to its shareholders for the year ended 31 December 2022. The financial institution in its audited report posted Gross Earnings of N539.235 billion for the 12 months period, up by 20.42% from N447.811 billion reported the previous year. Profit after tax for the period under[…]