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Author: Markets Reporters

FEATURED Latest Technology TOP STORIES 

MTN Nigeria’s profit rises as revenue hits N1.35tn

February 28, 2021February 28, 2021 Markets Reporters 0 Comments MTN Nigeria profit

MTN Nigeria Communications Plc has reported a profit before tax of N298.87 billion for the 2020 financial year, compared to

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FEATURED Latest Stocks TOP STORIES 

NASCON Allied Industries’ profit jumps 45.41%

February 27, 2021February 27, 2021 Markets Reporters 0 Comments NASCON Allied Industries, Salt refining company

NASCON Allied Industries Plc has reported a profit after tax of N2.69 billion for the 2020 financial year, up 45.41

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FEATURED Latest Stocks TOP STORIES 

Custodian Investment posts 111% rise in annual profit

February 27, 2021February 27, 2021 Markets Reporters 0 Comments Custodian Investment, Investment holding company

Custodian Investment Plc, an investment holding company, saw its profit after tax more than double for the 2020 financial year.

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Energy FEATURED Latest TOP STORIES 

Royalty payments to FG rose 153% in 10 years – Seplat

February 27, 2021February 27, 2021 Markets Reporters 0 Comments Pioneer tax incentive, Royalty payments to FG, Seplat

Seplat Petroleum Development Company Plc, a Nigerian independent oil and gas company, has said its royalty payments to the Federal

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Economics FEATURED Latest TOP STORIES 

Third Mainland Bridge reopens after seven-month closure

February 27, 2021February 27, 2021 Markets Reporters 0 Comments Babatunde Fashola, Third Mainland Bridge reopens

After over seven-month closure, the Federal Government has fully reopened the Third Mainland Bridge in Lagos State following the completion

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FEATURED Latest Stocks TOP STORIES 

Nestle Nigeria’s profit falls 15% as COVID-19 hits operations

February 27, 2021February 27, 2021 Markets Reporters 0 Comments COVID-19 pandemic, Nestle Nigeria, Nestle Nigeria profit

Nestle Nigeria Plc, a food manufacturing and marketing company, has posted a profit before tax of N60.64 billion for the

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FEATURED Latest Money TOP STORIES 

Naira tumbles to 482/dollar, lowest in nearly three months

February 27, 2021February 27, 2021 Markets Reporters 0 Comments Godwin Emefiele, Naira tumbles, Nigerian currency

The Nigerian currency closed weaker against the United States dollar at the parallel market and the investors’ & exporters’ window

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FEATURED Latest Money TOP STORIES 

Cryptocurrency may ‘lay golden eggs’, don’t kill it, Osinbajo tells CBN

February 26, 2021February 26, 2021 Markets Reporters 0 Comments CBN ban, Cryptocurrency, Yemi Osinbajo on cryptocurrencies

The Vice-President of Nigeria, Prof. Yemi Osinbajo, has said it is in the place of the Central Bank of Nigeria

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FEATURED Latest Stocks TOP STORIES 

Delisting: Minority shareholders not forced to sell shares, says 11Plc

February 26, 2021February 26, 2021 Markets Reporters 0 Comments 11Plc delisting from NSE, Minority shareholders, Mobil Oil Nigeria

11 Plc, formerly Mobil Oil Nigeria Plc, has said there is no forceful acquisition of shares from minority shareholders ahead

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Energy FEATURED Latest TOP STORIES 

Ailing refineries cost Nigeria over $13bn in one year – MOMAN chair

February 26, 2021February 26, 2021 Markets Reporters 0 Comments Adetunji Oyebanji, Aret Adams Lecture, MOMAN, NNPC refineries

The Chairman, Major Oil Marketers Association of Nigeria, Mr Adetunji Oyebanji, has said non-functional refineries cost Nigeria over $13 billion

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