03
NovPZ Cussons Nigeria Plc reports N113bn revenue, boosts profit after tax by 114% in one year
The Audited Financial Statement of PZ Cussons for the year ended 31 May 2023 show significant growth in the Company’s bottom line figures with 114% growth in its profit after tax for the 12 months period. The Group reported revenue of N113.964 billion for the 12 months period, up by […]
03
NovMTN Nigeria to raise N52.9bn via Commercial Paper issuance
MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N52,895,846,000 Series 8 and 9 Commercial Paper notes under its N250 Commercial Paper Issuance Programme. The issuance is part of the Company’s strategy to diversify its financing options with the[…]
03
Nov‘We have sufficient stock of currency notes’ – CBN
The Central Bank of Nigeria has debunked the news of naira scarcity circulating in the media. In a statement by the apex bank on its official website, CBN stated thus: The attention of the Central Bank of Nigeria (CBN) has been drawn to reports of alleged scarcity of cash at[…]
03
NovStock market halts 4day rally, closes lower by 0.76%
The Nigerian stock market on Wednesday admitted the Bear, halting four straight days of gains as the All Share Index dropped by 0.76% to close at 70,042.28 points from the previous close of 70,581.76 points. The Market Capitalisation declined by 0.77% to close at N38.481 trillion from the previous close[…]
