The Nigerian stock market on Thursday halted three sessions of downtrend as the All Share Index appreciated marginally by 0.01% to close at 51,563.73 points from the previous close of 51,556.54 points. The Market Capitalisation was up by 0.04% to close at N27.807 trillion from the previous close of N27.795 trillion, thereby gaining N12 billion. An aggregate […]
Ardova Plc on Thursday published its Audited Financial Statements for the year ended 31 December 2021. The Group reported a turnover of N201.44 billion for the 12 months period, up by 10.72% from N181.94 billion reported the previous year. A loss after tax of N3.85 billion was reported for the year under review, down by 307.13% from[…]
The Nigerian Electricity Regulatory Commission (NERC) and the Bureau of Public Enterprises (BPE) has confirmed that Fidelity Bank and AFREXIM Bank, which collateralized the shares of Kano, Benin and Kaduna DisCos have appointed three-member boards. The Federal Government, which has 40 percent state in the DisCos, is represented in the new boards. The regulators also said that[…]