Naira sinks at I&E window as forex reserves shed $1.1bn
The Nigerian currency weakened further against the dollar at the investors’ and exporters’ window on Tuesday as the country’s foreign
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Real estate firm, UPDC, posts N605.92m annual loss
UACN Property Development Company Plc, a Nigerian real estate firm, has reported a loss of N605.92 million for the 2020
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NSE unveils e-filing portal to enhance securities listing
The Nigerian Stock Exchange announced on Tuesday the launch of its e-filing portal, called ‘X-Filing’. X-Filing, which comes on the
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Dangote Sugar profit up 33.12% on increased production
Dangote Sugar Refinery Plc has reported a 33.12 percent increase in its profit after tax for the 2020 financial year,
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Seplat posts $85.3m annual loss amid ‘lowest oil prices’
Seplat Petroleum Development Company Plc has reported a loss of $85.3 million for the 2020 financial year, compared to a
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WTO welcomes Okonjo-Iweala on first day as DG
The World Trade Organization has welcomed a former Nigerian Minister of Finance, Dr Ngozi Okonjo-Iweala, as she takes over as
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No petrol price hike in March, says NNPC
Against the backdrop of speculations of an imminent increase in the price of Premium Motor Spirit (petrol) in the country,
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Nigerian stocks suffer N1.37tn monthly loss amid profit-taking
Nigerian stocks recorded a total loss of N1.37 trillion in February, with market capitalisation dropping below N21 trillion as investors
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MTN Nigeria’s profit rises as revenue hits N1.35tn
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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NASCON Allied Industries’ profit jumps 45.41%
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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