PZ 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 […]
Inter 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[…]
The Nigerian stock market bounced back last week, driven by appreciation in the prices of 56 stocks led by Oando Plc. The All Share Index and Market capitalization rose by 0.63% to settle at 96,579.54 and N55.478 trillion respectively. An aggregate of 2.8 billion units of shares were traded in 50,488 deals, valued at N53 billion. The[…]