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The lower interest expenses reflected the 36.7% YoY and 18.7% YoY declines in interest costs on term deposits and debt securities respectively.
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The stocks market weekly report of the Nigerian Exchange Limited (NGX) showed that the figures are lower compared to the previous week when investors...
At the Nigerian Exchange (NGX) on Thursday, the equities market extended its downward trend this month, as the All-Share Index (ASI) declined by 0.02...
The majority shareholder in Airtel Africa, Bharti Airtel, has acquired an additional 4.45 percent stake in Airtel Africa. This additional stake is has a...
African Shipowners Association (ASA) has described the disbursement of the $700 million Cabotage Vessels Finance Fund (CVFF) to Nigerian shipowners at a single-digit interest...
The International Monetary Fund has urged Nigeria to broaden its tax revenue base in order to strengthen its fiscal policy. IMF managing director, Kristalina...
The lower interest expenses reflected the 36.7% YoY and 18.7% YoY declines in interest costs on term deposits and debt securities respectively.
On the cost side, Operating Expenses grew by 10.1 percent to N249.8 billion, as against N217.2 billion in 2019
The revenue of the FMCG company increased by 1% in 2020 (N287 billion), compared to FY’19 figures (N284 billion).
Only shareholders whose names appear in the Register of Members and Transfer Books at the close of business on 19th October 2020 will receive...
The final dividend of 6.5 Kobo per share will be paid for all the outstanding 1,899,157,107 ordinary shares of the company.
This puts the total consideration for the shares purchased by the parent company at N147,796,600.00
Mid-tier lender FCMB Group Plc is forecasting that first-quarter earnings will fall more than 20% as rates decline.
Following the SEC’s suspension of Oando’s AGM, the company has been unable to appoint Auditors to commence an audit exercise into the Company’s 2019...