Nigerian stocks tumble to two-month low with N1.11trn loss
Nigerian stocks lost N1.11 trillion in market value on Friday, with the benchmark index falling below the 100,000 mark. The
Read more
TOP STORIES
Oando refutes alleged ownership of blending plant in Malta
Oando Plc has refuted an allegation that it owns interest in an oil storage and blending facility in Malta. “Our
Read more
Aviation firm SAHCO posts higher quarterly profit
Skyway Aviation Handling Company Plc reported a profit of N1.57 billion for the second quarter of this year, up from
Read more
NNPC announces vacancies, sees ‘unprecedented traffic’ on site
The Nigerian National Petroleum Company Limited (NNPC) announced on Friday that is hiring for multiple positions across various departments. “We
Read more
Dangote Cement’s forex loss widens to N201bn in H1
Dangote Cement Plc saw its net foreign exchange loss widen to N201.3 billion in the first half of 2024 from
Read more
Foreign investors cut Nigerian stock purchases to four-month low
Foreign investors cut their exposure to Nigerian stocks in June, with inflows falling to the lowest level in four months.
Read more
FCMB posts N35bn forex gains in six months
FCMB Group, the parent company of First City Monument Bank Limited, made N35.19 billion in foreign exchange gains in the
Read more
[OPINION] Building a door when opportunity doesn’t knock
By Harvey Mackay There are some people who spend their entire lives working with an attitude not unlike Snoopy, the
Read more
Ikeja Hotel’s earnings more than triple in H1
Ikeja Hotel Plc posted a profit before tax of N2.06 billion in the first six months of 2024, up from
Read more
Transcorp’s half-year profit surges nearly four-fold
Transnational Corporation Plc reported a profit before tax of N70.9 billion for the first half of this year, up 283%
Read more