FMDQ Exchange admits Coronation MB’s new commercial paper
FMDQ Securities Exchange Limited has announced the admission of the Coronation Merchant Bank N1.29 billion Series 11 and N2.34 billion Series
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Stocks
Universal Insurance grows annual profit by 1,646%
Universal Insurance Plc has reported an increase of 1,646 percent in its profit after tax for the 2020 financial year.
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Nigerian stocks suffer N660bn loss amid profit-taking
Nigerian stocks finished lower at the end of trading in the second week of the month as investors continued to
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CBN ban: SEC puts plan to regulate cryptocurrencies on ice
The Securities and Exchange Commission has put on hold its plan to regulate cryptocurrencies and other digital assets following last
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Stock delisting: 11Plc plans to settle dissenting shareholders
11 Plc, formerly Mobil Oil Nigeria Plc, has said it will set aside sufficient funds to settle all dissenting shareholders
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Prestige Assurance posts 74.64% rise in annual profit
Prestige Assurance Plc has reported a 74.64 percent in its profit before tax for the 2020 financial year. The company’s
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Presco reports 83% rise in profit, revenue hits N23.90bn
Presco Plc saw its profit after tax rise by 83.25 percent in 2020 to N7.03 billion from N3.84 billion a
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Royal Exchange returns to profitability after N1.3bn loss
Royal Exchange Plc has returned to profitability as it posted a profit before tax of N232.56 million in 2020, compared
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Ex-MTN Nigeria CEO joins Unilever board
A former Chief Executive Officer of MTN Nigeria, Mr Michael Ikpoki, has been appointed as an independent non-executive director of
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NAHCO suffers 68% profit drop as COVID-19 hits air travel
The Nigerian Aviation Handling Company Plc has posted a 68 percent decline in its profit before tax for the 2020
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