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SepFlour Mills of Nigeria Plc has notified the Nigerian Exchange and its stakeholders that it has received an offer from its majority shareholder, Excelsior Shipping Company Limited, to acquire all shares held by minority shareholders in Flour Mills. The transaction will be executed through a Scheme of Arrangement between the company and its shareholders. The company has […]
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SepPZ Cussons Nigeria Plc has declared a loss after tax of N4.648 billion for the three months ending August 31, 2024. The manufacturing firm reported revenue of N39.99 billion for this period, representing a 28.7% increase from the N31.07 billion reported in the same period the previous year. Despite the revenue growth, the company recorded a loss[…]
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SepInter and intra-city transport fares have surged by over 200 percent in Akwa Ibom State due to the closure of petrol stations and other outlets by the Independent Petroleum Marketers Association of Nigeria (IPMAN). Investigations by LEADERSHIP on Tuesday revealed that IPMAN had raised fuel prices to between N2,000 and N2,500 per litre. In a statement, IPMAN[…]
