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AprThe recent Global Economic Outlook report by KPMG has revealed that Nigeria’s unemployment rate will rise to 40.6% in 2023. KPMG stated thus: “Unemployment is expected to continue to be a major challenge in 2023 due to the limited investment by the private sector, low industrialization, and slower than required economic growth and consequently the inability of […]
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AprCadbury Nigeria has proposed a final dividend of 0.40 kobo for the year ended 31 December 2022. The Company’s audited report shows growth in its topline and bottom line figures, year on year. A turnover of N55.21 billion was reported for the 12 months period, up by 30.30% from N42.37 billion reported the previous year. Profit after[…]
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AprThe equity market on Monday closed lower as the All Share Index was down by 1.96% to settle at 51,952.99 points from the previous close of 52,994.13 points. The Market Capitalisation declined by 1.97% to close at N28.300 trillion from the previous close of N28.869 trillion, thereby shedding N569 billion. An aggregate of 1.7 billion units of[…]
