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JulThe Nigerian stock market on Tuesday closed on a bullish note with 1.11% growth. Year to date, the market has returned 28.76% with the All Share Index and Market Capitalisation at N35.934 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: The market on […]
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JulThe Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5 percent to 18.75%. Acting CBN Governor, Folashodun Shonubi, announced this on Tuesday after the bank’s Monetary Policy Committee (MPC) meeting in Abuja. This is the first decision of the monetary committee since President Bola Tinubu’s assumption of office[…]
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JulUnilever Nigeria Plc on Monday published its Second Quarter report for the period ended 30 June 2023. The Company reported revenue of N25.597 billion for the 6 months period, up by 27.32% from N23.246 billion reported the previous year. Profit after tax of N91.478 million was achieved by the Company for the period under review, down by[…]
