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AugNigerian stock market on Tuesday dropped further, making it five sessions of consecutive losses on weight shedding in Dangote Cement, Seplat and other 18 stocks. The All Share Index dropped by 1.60% to close at 48,554.76 points from the previous close of 49,344.67 points. The Market Capitalisation declined by 1.60% to close at N26.189 trillion from the […]
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AugThe shareholders of Stanbic IBTC Holdings will soon smile to the bank as interim dividend of N1.50 as been proposed by the Holding Company. The Audited Financial Statement of the financial institution for the period ended 30, June 2022 shows significant growth in the Company’s top line and bottom line figures, year on year. Gross Earnings of[…]
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AugTimi Olubiyi, PhD Despite the significance of SMEs to the economy and national development, Africa has a high rate of business failures and short-lived businesses. In Nigeria SMEs account for 48 percent of the national GDP, 96 percent of businesses, and 84 percent of employment in the country, according to a PricewaterhouseCoopers (PwC) report. In contrast, due[…]
