Recent report published by the National Bureau of Statistics revealed that the headline inflation rate in November 2022 was 21.47%. This was 6.07% points higher compared to the rate recorded in November 2021, which was 15.40%. This means that in the month of November 2022, the general price level was 6.07% higher relative to November 2021. As […]
Banks in major cities in Nigeria have started dispensing new naira notes to over-the-counter customers. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), had on October 26, 2022 said the apex bank will issue redesigned N200, N500, and N1,000 notes, effective December 15, 2022, while the new and existing currencies will remain legal tender and[…]
PZ Cussons Nigeria Plc on Thursday published its Second Quarter report for the 6 months ended 30, November 2022. The Company reported a total revenue of N57.261 billion for the 6 months period, up by 21.61% from N47.088 billion reported the previous year. Profit after tax grew year on year by 198.11% to N7.67 billion from N2.57[…]