Stock market dips further by 2.16%, sheds N544bn
The Nigerian stock market on Tuesday closed on a bearish note, occasioned by profit taking in Airtel Africa and 14 other stocks. The All Share Index was down by 2.16% to close at 45,366.32 points from the previous close of 46,365.95 points. The Market Capitalisation declined by 2.15% to close […]
PZ Cussons Nigeria Plc reports N1.3bn as profit in Q1
PZ Cussons Nigeria Plc on Monday published its First Quarter report for the period ended 31 August 2022. The Company reported a N27.39 billion for the 3 months period, up by 23.36% from N22.2 billion reported the previous year. Profit after tax grew year on year by 464.09% to N1.304[…]
Telecom: Active voice subscribers increases to 206 million in Q2 2022
The National Bureau of Statistics has reported that the total number of active voice subscribers in Q2 2022 was 206,449,125, higher relative to 187,611,501 in Q2 2021. This represents a 10.04% rise on a year-on-year basis. However, on a quarter-on-quarter basis, growth stood at 3.45%, an increase from the 199,558,540[…]
International Energy Insurance Plc declares N163m as profit for Q1 2021
International Energy Insurance Plc has released its long overdue First Quarter report for the period ended 31 March 2021.Gross written premium of N167 million was reported for the 3 months period, up by 3.10% from N162 million.Profit after tax improved significantly to N163.995 million from a loss after tax of[…]










