Author Archives: Ruth Omoteso

The Nigerian Electricity Regulatory Commission has announced that the  Federal Government has removed subsidy on electricity. The Chairman of the Commission, Sanusi Garba, said the review was conducted in line with multi-year tariff order that mandates that electricity tariff be reviewed every six months. NERC’s confirmation comes as the nation continues to confront an energy crisis amid […]

The much anticipated audited report of Access Bank Plc for year ended 31 December 2021 has been released with a dividend declaration of 70 kobo to shareholders. The financial giant achieved significant growth in its top line and bottom line figures for the period under review. Gross Earnings of N971.885 billion was reported for the 12 months[…]

It was a bearish session on the floor of the Nigerian Exchange as the All Share Index dipped by 0.02% to close at 47,353.22 points against the previous close of 47,364.46 points on Wednesday. The Market Capitalisation closed at N25.521 trillion, shedding N6 billion from N25.527 trillion recorded in the last session. Aggregate volume at end of[…]