Author Archives: Ruth Omoteso

The Nigerian Exchange last week closed on a bearish note, occasioned by mark downs and profit taking by investors. The All Share Index and the Market Capitalisation declined week on week by 0.45% to close at 46,631.46  points and N25.139 trillion respectively. Year to date, the market has returned 9.17%. An aggregate of 1.14 billion units of […]

Okomu Oil Palm Company Plc has declared a dividend of N8 to its shareholders for the year ended 31 December 2021. The audited report of the company shows year on year growth in the company’s topline and bottom line figures. A turnover of N37.395 billion was reported for the 12 months period, up by 59.73% from N23.411[…]

Airtel Africa has provided an update on the NIN/SIM registrations process in Nigeria. The telecom giant revealed that outgoing voice revenues for those active subscribers who have not yet linked their NIN with their SIM amount to around 8% of total revenues from Nigeria, and around 3% of total revenues for the Group. The Nigerian Communications Commission[…]