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AprNigeria’s public debt profile rises to N46.25tn
Recent publication by the National Bureau of Statistics has revealed that Nigeria’s public debt stock which includes external and domestic debt stood at N46.25 trillion (US$103.11 billion) in Q4 2022 from N44.06 trillion (US$ 101.91 billion) in Q3 2022. This shows that public debt (in national currency) grew by 4.96% […]
31
MarStock Market Review: March 31, 2023
The stock market on Thursday closed on a positive note with 1.51% growth, bringing the All Share Index and Market Capitalisation to 54,413.21 points and N29.642 trillion respectively. In a stock market review with Mr Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market on Thursday closed on[…]
31
MarUBA grows PAT by 43.48%, declares 90 kobo as final dividend in FY 2022
United Bank for Africa has published its audited report for 2022 year end with dividend declaration of 90 kobo. The financial institution achieved Gross Earnings of N852.863 billion for the 12 months period, up by 29.56% from N658.291 billion achieved the previous year. Profit after tax (PAT) grew year on[…]
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MarOando Plc to delist from Nigerian Exchange
Oando Plc has notified Nigerian Exchange and Johannesburg Stock Exchange that it has received an offer from its core shareholder – Ocean and Oil Development Partners Limited – to acquire the shares of all minority shareholders in Oando. The Company will subsequently be delisted from NGX and JSE and re-registered[…]
