BUA Cement’s N40bn FX loss drags down half-year profit
BUA Cement Plc reported a decline in its profit before tax for the first half of this year as its
Read more
Author: Markets Reporters
UAC profit jumps more than fourfold in H1
UAC of Nigeria Plc saw its profit before tax surge more than fourfold in the first half of 2024 to
Read more
Nigerian Breweries’ half-year loss widens to N116.34bn
Nigerian Breweries Plc posted a loss after tax of N116.34 billion in the first half of this year, up from
Read more
Flour Mills swings to quarterly profit despite N28bn FX loss
Flour Mills of Nigeria swung to a profit before tax of N7.36 billion for the three months ended June 30,
Read more
FTN Cocoa Processors posts N10.51bn loss in three months
FTN Cocoa Processors Plc saw its loss before tax widen to N10.51 billion in the second quarter of this year
Read more
Planned protests could cost Nigeria N400bn daily: CPPE
The protests planned to start this week in Nigeria could cause an estimated daily loss of N400 billion if not
Read more
Naira finishes lower despite boost in dollar supply
The naira closed lower against the dollar this week despite an increase in foreign exchange supply at the official market,
Read more
NNPC blames fresh fuel shortage on hitch in vessel discharge
The Nigerian National Petroleum Company Limited has said the tightness in fuel supply and distribution witnessed in some parts of
Read more
Nigerian stocks tumble to two-month low with N1.11trn loss
Nigerian stocks lost N1.11 trillion in market value on Friday, with the benchmark index falling below the 100,000 mark. The
Read more
Oando refutes alleged ownership of blending plant in Malta
Oando Plc has refuted an allegation that it owns interest in an oil storage and blending facility in Malta. “Our
Read more