Flour Mills of Nigeria Plc has declared a final dividend of N2.25 for the year ended 31 March 2023. The Group reported revenue of N1.54 trillion for the 12 months period, up by 32.3% from 1.16 trillion reported the previous year. Profit after tax grew by 5% year on year to N29.504 billion from N28.015 billion reported […]
The Board of Directors of Cutix Plc has notified the Nigerian Exchange Limited, shareholders and the investing public of the appointment of Mr. Ifeanyi Francis Uzodike as a Non-Executive Director of the Company effective August 25, 2023. The announcement was made at the 40th Annual General Meeting of the Company held at Anaedo Social Club Hall, 20,[…]
Recent report by the National Bureau of Statistics revealed that Nigeria Gross Domestic Product (GDP) grew to 2.51% in real terms in the second quarter of 2023 from 2.31% reported in Q1 2023. This growth rate is lower than the 3.54% recorded in the second quarter of 2022 and may be attributed to the challenging economic conditions[…]