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Business & Economy

Home Business & Economy Page 18

24

Sep

Petrol Price Hits N2,500 As IPMAN Shuts Filling Stations Over Seized Trucks

  • Ruth Omoteso
  • Fuel

Inter and intra-city transport fares have surged by over 200 percent in Akwa Ibom State due to the closure of petrol stations and other outlets by the Independent Petroleum Marketers Association of Nigeria (IPMAN). Investigations by LEADERSHIP on Tuesday revealed that IPMAN had raised fuel prices to between N2,000 and N2,500 per litre. In a statement, IPMAN […]

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24

Sep

Investors gain N349bn as stock market rebounds with 0.63% growth

  • Ruth Omoteso
  • Daily Market Closure

The Nigerian stock market bounced back last week, driven by appreciation in the prices of 56 stocks led by Oando Plc. The All Share Index and Market capitalization rose by 0.63% to settle at 96,579.54 and N55.478 trillion respectively. An aggregate of 2.8 billion units of shares were traded in 50,488 deals, valued at N53 billion. The[…]

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19

Sep

NPF Microfinance Bank declares 12kobo to shareholders, reports N1.02bn profit in FY 2023

  • Ruth Omoteso
  • Dividend declaration

NPF Microfinance Bank Plc has announced a final dividend of 12 kobo per share for the year ending December 31, 2023. The company reported gross earnings of N10.3 billion for the 12-month period, representing a 43.99% increase from the N7.15 billion recorded in FY 2022. Profit after tax for the period reached N1.02 billion, marking a 15.56%[…]

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  • February 28, 2025

    MTN Nigeria’s revenue hits N3.36 trillion in FY 2024, declares N400bn loss after tax

    February 28, 2025

  • February 28, 2025

    Lafarge Africa Plc declares N1.20 dividend to shareholders as profit rises by 95.82%

    February 28, 2025

  • February 28, 2025

    Nestle Nigeria Plc declares N164.6bn loss for 2024 financial year

    February 28, 2025

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