06

Apr

Julius Berger beats the odds, announces exceptional financial results for 2021

Grows revenue by 40%, Board recommends dividend of N2.50 Despite numerous challenges in the last financial year, with due regard to the ongoing FX scarcity and current global supply chain constraints, both consequences of the COVID-19 pandemic and the ongoing Russia-Ukraine conflict, Julius Berger Nigeria Plc, Nigeria’s engineering construction industry leader, continues to perform brilliantly and has […]

05

Apr

MTN Nigeria proposes issuance of N150bn Commercial Paper

MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its N150 billion Commercial Paper Programme. The Company proposed the issuance of Series 1&2 Commercial Paper of up to N150 billion. The issuance is part of the Company’s strategy to diversify its financing options, with the funds being deployed towards working capital and[…]

05

Apr

CBN warns against dealing with Illegal Financial Operators

The Central Bank of Nigeria through the Financial Services Regulation Coordinating Committee (FSRCC) has drawn the attention of the general public to the worrisome increase in the activities of the Illegal Financial Operators (IFOs) which portends grave risk to public confidence and the stability of the Nigerian Financial System. The FSRCC in its continuing efforts to end[…]