CAP profit falls by 29.8% as COVID-19 hammers sales
Chemical and Allied Products Plc, a Nigerian paints and coatings company, has said its total profit for the financial year
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Omatek Ventures’ loss widens to N2.09bn, survival threatened
Omatek Ventures Plc saw its loss widen sharply to N2.09 billion in the 2020 financial year from N1.37 billion a
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Nigeria borrows more from China, debt hits $3.26bn
Nigeria’s borrowing from the Exim Bank of China rose by $90 million last year, the latest data from the Debt
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Chams reports N944.88m annual loss amid COVID-19
Chams Plc has posted a loss after tax of N944.88 million for the 2020 financial year, compared with a profit
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Presco’s profit rises 37% as revenue hits N23.89bn
Presco Plc has reported an increase of 36.98 percent in its profit after tax for the 2020 financial year, compared
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Six biggest Nigerian banks earned N467.42bn fees, commissions in 2020
Six of the biggest commercial banks in Nigeria boosted their combined net fee and commission income to N467.42 billion last
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Nigeria’s growth prospects muted, vaccine rollout slow – World Bank
The World Bank has said Nigeria’s muted growth prospects and slow vaccine rollout will weigh on sub-Saharan Africa’s economic outlook.
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UAC approves N7.1bn capital return to shareholders
UAC of Nigeria Plc says its board of directors has approved N7.1 billion capital return to the company’s shareholders. The
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OPEC, others agree to gradually increase oil production
The Organization of the Petroleum Exporting Countries and its allies announced on Thursday that they have reached an agreement that
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Investors lose N395bn as Nigerian stocks extend monthly decline
Investors in the Nigerian stock market lost N395 billion in March as equities extended their declines. The Nigerian Stock Exchange
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