Julius Berger’s annual profit slumps by 86.79%
Julius Berger Nigeria Plc has reported a profit of N1.36 billion for the 2020 financial year, down from N10.30 billion
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NNPC gets recognition for transparency, Kyari promises new heights
The Nigerian National Petroleum Corporation has been named the ‘Government Agency of the Year 2020 (Transparency)’ by the New Telegraph
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FMDQ approves Flour Mills’ bonds listing
FMDQ Securities Exchange Limited has announced the approval of the listing of the Flour Mills of Nigeria Plc N4.89 billion Series
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Nigeria’s inflation will surge to 18.19% in Q2 – Cordros Capital
Analysts at Cordros Capital Limited have said the inflation rate in Nigeria will reach 18.19 percent at the end of
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Naira falls to 480/$ despite rising forex reserves
The naira extended its decline on Tuesday, falling to 480 against the dollar at the parallel market, despite the rise
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Nigeria at risk of ‘future debt servicing challenges’, CBN warns
The Monetary Policy Committee of the Central Bank of Nigeria has said the Federal Government’s recurrent expenditure remained relatively high
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96 firms jostle to rehabilitate NNPC depots, pipelines
A total of 96 companies from various jurisdictions have indicated an interest in undertaking the rehabilitation of the Nigerian National
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Naira falls to 475/$1 as dollar shortage persists
The naira fell to 475 against the dollar at the parallel market on Monday, paring some of its recent gains,
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Dangote Cement buys back 40.2 million shares for N9.77bn
Dangote Cement Plc has bought back 40.2 million of its shares for N9.77 billion at an average price of N243.0218.
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Nigeria’s economy shrank by 4.1% in 2020 – World Bank
Nigeria’s economy is estimated to have contracted 4.1 percent in 2020, as the effects of the pandemic impacted economic activity
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