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Nestle Nigeria Plc Q1 2024 Shows Revenue Growth of 43.3%
Nestlé Nigeria Plc's recent report shows a revenue growth of 43.4% to N183.5 billion in the first quarter of 2024.The Company's unaudited Q1 results for the period ended March 31, 2024, were released...
Foreign Investors Commits $822.6 Million in NAFEM
It has been announced that foreign investors have committed $822.6 million to the country’s economy through the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.Last weekend, Afrinvest Wes...
NGX Approves Sovereign Trust Insurance Plc Additional 2.864 Billion Ordinary Shares
The Nigerian Exchange Limited (NGX) has approved Sovereign Trust Insurance PLC an additional 2.864 billion ordinary shares of 50 kobo each per share on its daily official list.This development was mad...
Naira Trades for N1,035/$ In the Nigerian Autonomous Foreign Exchange Market
It was reported that the Naira declined in the Nigerian Autonomous Foreign Exchange Market (NAFEM). As of yesterday, Nigeria's official exchange rate window closed at N1,035.12/$ compared to Tuesday w...
Nigeria Got $11.11 Billion Foreign Exchange Inflow in Two Months - CBN
The Central Bank of Nigeria (CBN) has revealed that Nigeria recorded $11.11 billion in aggregate foreign exchange inflow in July and August. According to figures obtained from the CBN’s August ...