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MarFG 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 […]
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MarAccess Bank declares 70 kobo as final dividend, grows PAT by 51.13% in FY 2021
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[…]
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MarNigerian Bourse closes lower by 0.02%, sheds N6bn
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[…]
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MarNigeria’s merchandise trade grew in Q4 2021 with a steady rise in exports and imports trade- NBS
The foreign trade in goods statistics recently published by the National Bureau of Statistics revealed that the Balance of Trade improved in the Fourth Quarter of 2021 though it remains negative. According to NBS report, Total trade in Q4 2021 was 11.79% higher when compared to the value recorded in[…]
