Infinity Trust Mortgage Bank Plc has published its First Quarter report for the period ended 31 March 2023. The Company reported a turnover of N554 million for the 3 months period up by 19.62% from N463 million reported the previous year. Profit after tax of N184.4 million was reported by the Company, up by 7% from N172.3 […]
The Nigerian Exchange Limited has announced that it has suspended trading in the shares of integrated oil & gas offshore support vessel services company, Global Spectrum Energy Services Plc. According to NGX, “The suspension is necessary to prevent trading in the shares of the company in preparation for the delisting of the securities of the company in[…]
The World Bank in its recent report has said that naira depreciated of 10.2% in 2022. This is according to the report is triggered by many factors which include rising food and fuel prices globally. The World Bank stated that the depreciation of the exchange rate was also a major contributor to inflationary pressures in the Sub-Saharan[…]