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AprNaira declined in value by 10.2% in 2022- World Bank
The World Bank in its recent report has said that naira depreciated of 10.2% in 2022. This is according to the report is triggered by many factors which include rising food and fuel prices globally. The World Bank stated that the depreciation of the exchange rate was also a major […]
11
AprDown trend persists on NGX, sheds N675bn WtD
Trading on the floor of the Nigerian stock market closed bearish again last week amidst profit taking, thereby shedding N657 billion week to date The All Share Index and Market capitalization declined by 2.28% to settle at 52,994.13 points and N28.869 trillion respectively. An aggregate of about 1 billion units[…]
06
AprStock Market Review: April 6, 2023
The Nigerian stock market on Wednesday closed on a negative note, shedding 1.88%. The All Share Index and Market Capitalisation stands at 53,018.97 points and N28.883 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: The market on Wednesday[…]
06
AprNAHCO proposes N1.20 as final dividend, grows PAT by 246.51% in FY 2022
Nigerian Aviation Handling Company (NAHCO) has declared a final dividend of N1.20 for the year ended 31 December 2022. The audited report of the Company shows significant growth in its topline and bottom line figures. A turnover of N16.71 billion was reported for the 12 months period, up by 63%[…]
