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JulCadbury Nigeria Plc recently published its Second Quarter report for the period ended 30 June 2023. The Company reported a N35.61 billion for the 6 months period, up by 27.73% from N27.877 billion reported the previous year. Cadbury declared a loss after tax of N14.539 billion for the 6 months period against the profit after tax of […]
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JulThe Nigerian stock market on Tuesday closed on a bullish note with 1.11% growth. Year to date, the market has returned 28.76% with the All Share Index and Market Capitalisation at N35.934 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: The market on[…]
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JulThe Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5 percent to 18.75%. Acting CBN Governor, Folashodun Shonubi, announced this on Tuesday after the bank’s Monetary Policy Committee (MPC) meeting in Abuja. This is the first decision of the monetary committee since President Bola Tinubu’s assumption of office[…]
