Cutix Plc appoints Jane Ebere Nwabueze as new CFO
Cutix Plc has announced the appointment of Mrs. Jane Ebere Nwabueze as the Chief Finance Officer of the Company. She is replacing Mrs. Favour Oti who resigned in December, 2021. Mrs. Nwabueze is a Chartered Accountant with 10 years of experience in accounting. She is a graduate of Accounting from […]
Market returns -0.33% WtD amidst profit taking
The Nigerian Exchange last week closed on a bearish note, occasioned by profit taking in equities. The All share index declined by 0.33% to close the week at 47,282.67 points from the previous close of 47,437.48 points. The Market Capitalisation also dropped by 0.32% week on week, to close at[…]
Market extends decline, closes lower by 0.15%
The Nigerian Stock Market on Friday extended loses to two straight sessions as the All Share Index declined further by 0.15% to close at 27,282.67 points from the previous close of 47.353.22 points on Thursday. Market Capitalisation was down by 0.15% to close at N25.483 trillion against Thursday’s close of[…]
FG removes subsidy on electricity
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[…]