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Flour Mills swings to quarterly profit despite N28bn FX loss

July 30, 2024 Markets Reporters 0 Comments Flour Mills of Nigeria

Flour Mills of Nigeria swung to a profit before tax of N7.36 billion for the three months ended June 30,

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Agriculture FEATURED Latest TOP STORIES 

FTN Cocoa Processors posts N10.51bn loss in three months

July 30, 2024July 30, 2024 Markets Reporters 0 Comments FTN Cocoa Processors

FTN Cocoa Processors Plc saw its loss before tax widen to N10.51 billion in the second quarter of this year

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Economics FEATURED Latest TOP STORIES 

Planned protests could cost Nigeria N400bn daily: CPPE

July 28, 2024July 28, 2024 Markets Reporters 0 Comments Centre for the Promotion of Private Enterprise, CPPE, Muda Yusuf, Nationwide protests in Nigeria

The protests planned to start this week in Nigeria could cause an estimated daily loss of N400 billion if not

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FEATURED Latest Money TOP STORIES 

Naira finishes lower despite boost in dollar supply

July 27, 2024July 27, 2024 Markets Reporters 0 Comments FMDQ Exchange, Forex turnover, Naira versus dollar

The naira closed lower against the dollar this week despite an increase in foreign exchange supply at the official market,

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Energy FEATURED Latest TOP STORIES 

NNPC blames fresh fuel shortage on hitch in vessel discharge

July 27, 2024July 27, 2024 Markets Reporters 0 Comments Fuel shortage in Nigeria, NNPC

The Nigerian National Petroleum Company Limited has said the tightness in fuel supply and distribution witnessed in some parts of

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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks tumble to two-month low with N1.11trn loss

July 26, 2024July 26, 2024 Markets Reporters 0 Comments Dangote Cement, Nigerian stocks

Nigerian stocks lost N1.11 trillion in market value on Friday, with the benchmark index falling below the 100,000 mark. The

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Energy FEATURED Latest TOP STORIES 

Oando refutes alleged ownership of blending plant in Malta

July 26, 2024 Markets Reporters 0 Comments Malta blending plant, Oando, Raz Hansir Oil Terminal

Oando Plc has refuted an allegation that it owns interest in an oil storage and blending facility in Malta. “Our

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Latest News TOP STORIES 

Aviation firm SAHCO posts higher quarterly profit

July 26, 2024July 26, 2024 Markets Reporters 0 Comments Aviation ground handling, SAHCO

Skyway Aviation Handling Company Plc reported a profit of N1.57 billion for the second quarter of this year, up from

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Energy FEATURED Latest TOP STORIES 

NNPC announces vacancies, sees ‘unprecedented traffic’ on site

July 26, 2024July 26, 2024 Markets Reporters 0 Comments Femi Soneye, NNPC jobs, NNPC vacancies

The Nigerian National Petroleum Company Limited (NNPC) announced on Friday that is hiring for multiple positions across various departments. “We

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FEATURED Latest Stocks TOP STORIES 

Dangote Cement’s forex loss widens to N201bn in H1

July 26, 2024July 26, 2024 Markets Reporters 0 Comments CSL Research, Dangote Cement, Forex losses

Dangote Cement Plc saw its net foreign exchange loss widen to N201.3 billion in the first half of 2024 from

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