Author Archives: Ruth Omoteso

It was yet another bearish session on the floor of the Nigerian stock market on Tuesday as profit taking by investors dragged the market down further The All Share Index dropped by 1.45% to close at 52,990.28 points from the previous close of 53,772.14 points. The Market Capitalisation declined by 1.45% to close at N28.568 trillion from […]

Flour Mills of Nigeria on Monday published its Audited Financial Statement for the year ended 31 March 2022. The Company reported a turnover of N1.164 trillion for the 12 months period, up by 50.83% from N771.6 billion reported the previous year. Profit after tax grew year on year by 8.94% to N28.015 billion from N25.717 billion reported[…]

Wema Bank Plc has launched its Kids’ innovation challenge, a competition that would reward the top three finalists who present the most creative and innovative ideas with scholarships worth N300,000, N200,000 and N100,000. According to the bank, the Kids’ innovation challenge is to introduce the young ones aged between seven and 12 years to ideate and proffer[…]