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MayNNPC backs President Tinubu on fuel subsidy removal
The Nigerian National Petroleum Company Limited (NNPCL) has said it is in support of the pronouncement of President Bola Tinubu on the removal of fuel subsidy. The President, in his inaugural address on Monday, had declared an end to the era of subsidy payment, saying the 2023 budget made no […]
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MayCutix Plc reports N9.26bn revenue in 12 months
Cutix Plc over the weekend published its Financial Statement for the year ended 30 April 2023. The Group reported a turnover of N9.26 billion for the 12 months period, up by 17.53% from N7.88 billion reported the previous year. Profit after tax of N808.96 million was achieved for the year[…]
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MayStock Market Review: May 25, 2023
The stock market on Wednesday closed on a positive note with 0.58% growth. The All Share Index and Market Capitalisation stands at 52,927.60 points and 28.819 trillion respectively. In a stock market review with Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The monetary policy committee of CBN has[…]
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MayOando kicks-off Sustainable Transport Initiative in Lagos State with launch of Electric-Mass Transit buses
Oando Clean Energy Limited (OCEL) has achieved a groundbreaking milestone with the launch of the first phase of its Sustainable Transport Initiative for Lagos State. The initiative will see OCEL introducing electric buses to LAMATA’s current fleet of buses. The endeavor aims to support the transformation of the State’s public[…]
