Stock market declines marginally by 0.02
It was a bearish session on the floor of the Nigerian stock market on Thursday as the All Share Index declined by 0.02% to close at 51,944.58 points from the previous close of 51,953.41 points. The Market Capitalisation was down also by 0.02% to close at N28.295 trillion from the […]
Nigeria to settle $800m World Bank loan for 25 years
The next administration after the regime of the President, Major General Muhammadu Buhari (retd.), will begin the repayment of the $800m loan approved by the World Bank as subsidy palliative. Last week, the Minister of Finance, Budget and National Planning, Zainab Ahmed, revealed to newsmen that the Federal Government had[…]
Champion Breweries, seven others fail to file annual reports–NGX
The Nigerian Exchange Regulation Limited has said Champion Breweries Plc and seven other companies which are: International Energy Insurance Plc; Wema Bank Plc; Conoil Plc; Presco Plc; GlaxoSmithKline Consumer Nigeria Plc; Pharmadeko Plc; and Universal Insurance Plc have failed to issue an explanation on why they are yet to file[…]
Industrial and Medical Gases proposes 40 kobo dividend to shareholders
Industrial and Medical Gases Nigeria Plc on April 12th, 2023 released its audited financial report for the period ended 31st of December, 2022. The firm reported a total Revenue of N5.34 billion, up by 44.32% when compared with N3.70 billion recorded in 2021. Profit before tax PBT was N704 million, grew[…]










