30
JulTotal Energies Marketing Nigeria Plc has exceeded expectations by reporting a pre-tax profit of N13.730 billion for Q2 2024. This reflects a 95% year-over-year increase, far surpassing its forecast of N6.419 billion. This brings the H1 2024 pre-tax profit to N30.571 billion, nearly double the total pre-tax profit for 2023. The company’s Q2 2024 financial statements show […]
29
JulTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JULY 22th – 26th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 3.557 billion shares worth N47.220billion in 42,871 deals. This represents an increase in value compared to the previous week, where 2.827 billion shares valued at N42.366 billion were[…]
23
JulThe Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate by 50 basis points from 26.25% to 26.75%. The Governor of the CBN, Mr. Olayemi Cardoso announced this at the end of the 296th Monetary Policy Committee meeting held in Abuja. The MPC also retained the Cash Reserve Ratio (CRR) for Deposit Money Banks[…]
