27
JulThe International Monetary Fund (IMF) has was warned of an imminent global recession that could be triggered by rising inflation across nations. According to the IMF chief economist Pierre-Olivier Gourinchas. “The world may soon be teetering on the edge of a global recession, only two years after the last one.” IMF downgraded its outlook for the global economy […]
27
JulBUA Cement Plc in the first half 2022 achieved significant growth in its turnover and profit after tax. The Unaudited Financial Statement of the Company for the period ended 30 June 2022 revealed 51.73% growth in turnover to N188.56 billion from N124.28 billion reported the previous year. Profit after tax of N61.36 billion was reported for the[…]
27
JulThe Nigerian stock market on Tuesday closed on a bearish note, occasioned by profit taking in MTN and 36 other stocks. The All Share Index declined by 1.86% to close at 50,442.37 points from the previous close of 51,400.53 points. The Market Capitalisation declined by 1.86% to close at N27.202 trillion from the previous close of N27.718[…]
