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 […]
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[…]
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%[…]