The next administration after the regime of the President, Major General Muhammadu Buhari (retd.), will begin the repayment of the $800m loan approved by the World Bank as subsidy palliative. Last week, the Minister of Finance, Budget and National Planning, Zainab Ahmed, revealed to newsmen that the Federal Government had secured $800m from the World Bank to […]
The Nigerian Exchange Regulation Limited has said Champion Breweries Plc and seven other companies which are: International Energy Insurance Plc; Wema Bank Plc; Conoil Plc; Presco Plc; GlaxoSmithKline Consumer Nigeria Plc; Pharmadeko Plc; and Universal Insurance Plc have failed to issue an explanation on why they are yet to file their annual audited reports. The companies were[…]
Industrial and Medical Gases Nigeria Plc on April 12th, 2023 released its audited financial report for the period ended 31st of December, 2022. The firm reported a total Revenue of N5.34 billion, up by 44.32% when compared with N3.70 billion recorded in 2021. Profit before tax PBT was N704 million, grew by 27.56% when compared with PBT of[…]