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MarNaira Scarcity: NLC, TUC suspend planned nationwide strike
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their planned strike scheduled to commence on Wednesday over the scarcity of naira notes. The labour unions made this known at the end of their National Executive Council meeting on Tuesday. The labour unions had threatened to […]
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MarNGX commends Otedola, Geregu for corporate governance, power sector leadership
The Nigerian Exchange (NGX) has commended the Chairman, Geregu Power Plc, Mr Femi Otedola, CON, and the firm’s Board for instituting best practices in corporate governance and playing a leading role in the country’s power sector. This was at the Closing Gong Ceremony commemorating the first Annual General Meeting of[…]
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MarZenith Bank Plc declares N2.90 as final dividend to shareholders for 2022 year end
Zenith Bank Plc has declared a final dividend to shareholders for the year ended 31, December 2022. The Financial Institution reported Gross Earnings of N945.554 billion for the 12 months period, up by 23.51% from N765.558 billion reported the previous year. Profit after tax of N223.91 billion was achieved for[…]
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MarDangote Cement sheds weight, drives NGXASI down by 1.16%
The Nigerian stock market on Tuesday declined further as 8 stocks and notably Dangote Cement shed 4.17% to close the day at N276 from N288, thereby driving the All Share Index down by 1.16% to close at 53,124.63 points from 53,750.77 points recorded last on Monday. The market capitalisation closed[…]
