Following the rejection of stakeholders following the proposed CBN plans to adjust the exchange rate on the Customs platform to N1,356.883/$, the Central Bank of Nigeria (CBN) has settled on leaving t...
The Federal Government, in collaboration with the Central Bank of Nigeria, has increased the exchange rate for cargo clearance from N952/$ to N1.356/$.This announcement came just after a week when the...
On Thursday, Shell Plc said it would return $23 billion to shareholders in 2023. Wael Sawan, the company's chief executive officer, announced this.The company chief stated that Shell will increase its...
It has been reported that Canal+, a French company, has proposed plans to acquire MultiChoice for around $2.5bn.This was revealed on Thursday in a statement by Canal+, which is based in Paris. The com...
Investors at the NGX opened the first trading day of February on a positive note as market capitalisation gained N902 billion at the close of Thursday's trading session. This was after the market went...
According to GlaxoSmithKline Nigeria Plc's recently released financial statement for 2023, the company's profit dropped by 33.76% to N510.80 million in 2023 from N771.15 million in the previous financ...
The Geregu Power Plc Board of Directors has agreed on the proposed dividend of N8 per share for the 2023 financial year.The company announced this in its annual report filed with the Nigerian Exchange...
Investors at the Nigerian Exchange Limited closed January with the highest loss recorded for the year. Market capitalisation lost N1.07 trillion on Wednesday, January 31 2024.This is the third loss th...
FBN Holdings Plc recently appointed Femi Otedola as the new Chairman of its Board of Directors after the retirement of Ahmad Abdullahi.This announcement was shared in a Wednesday corporate notice file...
The Central Bank of Nigeria (CBN) today imposed a limit on how much local banks can hold in foreign currencies. It expressed concern about the increase of forex exposures on its balance sheet followin...