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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Custodian Investment posts 111% rise in annual profit
Custodian Investment Plc, an investment holding company, saw its profit after tax more than double for the 2020 financial year.
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Royalty payments to FG rose 153% in 10 years – 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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Third Mainland Bridge reopens after seven-month closure
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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Nestle Nigeria’s profit falls 15% as COVID-19 hits operations
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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Naira tumbles to 482/dollar, lowest in nearly three months
The Nigerian currency closed weaker against the United States dollar at the parallel market and the investors’ & exporters’ window
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Cryptocurrency may ‘lay golden eggs’, don’t kill it, Osinbajo tells CBN
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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Delisting: Minority shareholders not forced to sell shares, says 11Plc
11 Plc, formerly Mobil Oil Nigeria Plc, has said there is no forceful acquisition of shares from minority shareholders ahead
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