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JulThe half Year financial report of Transcorp Hotel Plc for the period ended June 30th 2023 reveals that the company grew by 26.67% in Turnover closing at N18.984 billion from the previous close of N14.986 billion in 2022. The Profit after Tax (PAT), advanced by 45.52% to arrive at N2.46 billion above N1.69 million recorded in H1’22. […]
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JulThursday’s trading activities on the floor of the Nigerian stock market closed bearish as the All Share Index declined by 0.31% to close at 65,482.91 points from the previous close of 65,687.16 points. The Market Capitalisation declined by 0.31% to close at N35.635 trillion from the previous close of N35.746 trillion, thereby shedding N111 billion. An aggregate[…]
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JulThe Central Bank of Nigeria (CBN) has said that it is “slowly” phasing out old N200, N500 and N1,000 notes with redesigned ones. Acting CBN Governor, Folashodun Shonubi said there is an “optimal level of currency” in circulation and what is being done at the moment is replacing worn out notes with new ones. “We believe that[…]
