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MayThe Nigerian National Petroleum Company Limited (NNPCL) has said it is in support of the pronouncement of President Bola Tinubu on the removal of fuel subsidy. The President, in his inaugural address on Monday, had declared an end to the era of subsidy payment, saying the 2023 budget made no provision for fuel subsidy, so further payment […]
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MayCutix Plc over the weekend published its Financial Statement for the year ended 30 April 2023. The Group reported a turnover of N9.26 billion for the 12 months period, up by 17.53% from N7.88 billion reported the previous year. Profit after tax of N808.96 million was achieved for the year under review, marginally up by 0.13% from[…]
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MayThe stock market on Wednesday closed on a positive note with 0.58% growth. The All Share Index and Market Capitalisation stands at 52,927.60 points and 28.819 trillion respectively. In a stock market review with Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The monetary policy committee of CBN has increased MPR to 18.5%. How will this[…]
