01
JunNigerian Breweries Plc to acquire 80% shareholding in Distell Wines and Spirits Nigeria Limited
Nigerian Breweries Plc has notified the Nigerian Exchange and the investing public that at a specially convened meeting of the Board of Directors of the Company held on 30th May 2023, the Board was presented with an offer from Heineken Beverages (Holdings) Limited of South Africa, for Nigerian Breweries to […]
01
JunNNPC releases new fuel price across states
The Nigerian National Petroleum Company Limited (NNPC) has adjusted the pump price of petrol to between N488 and N557 nationwide. In a press statement published by NNPC Limited, the oil firm stated thus: “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS[…]
01
JunNigerian Market Gains N17bn as NGXASI rises marginally by 0.06%
The Nigerian stocks market on Wednesday closed higher as the All Share Index rose by 0.06% to settle at 53,086.46 points from the previous close of 52,908.24 points. The Market Capitalisation was up by 0.35% to close at N55.769 trillion from the previous close of N55.738 trillion, thereby gaining N17[…]
30
MayPresident Tinubu to review naira redesign policy
President Bola Tinubu in his first address to the nation has said that the naira redesign policy by the Central Bank of Nigeria (CBN) would be reviewed. According to him, “the currency swap was too harshly applied by the CBN given the number of unbanked Nigerians. “The policy shall be[…]
