Business & Economy

The Nation Bureau of Statistics has reported that the total value of capital importation into Nigeria in the second quarter of 2022 stood at $1.535 billion from $875.62 million in the corresponding quarter of 2021, showing an increase of 75.34%. When compared to the preceding quarter, capital importation decreased by 2.40% from US$1,573.14 million. The largest amount […]

Access Holdings Plc has notified the Nigerian Exchange and the investing public that its subsidiary, Access Bank Plc has completed the divestment of its entire equity interest in Access Pension Fund Custodian Limited to First Pension Custodian Limited, a subsidiary of First Bank Nigeria Limited. The transaction has received the full approvals of the relevant regulatory agencies.[…]

Cutix Plc on Tuesday published its First Quarter report for the 3 month ended 31, July 2022. A turnover of N1.914 billion was reported for the 3 months period, up by 3.11% from N1.857 billion reported the previous year. Profit after tax declined year on year by 29.92% to N96 million from N137 million achieved the previous[…]