In a recent release, UAC of Nigeria (UACN) Plc reported that it generated a total gross profit of N9.1 billion in the first quarter (Q1), which concluded on March 31, 2024.The Company's first-quarter ...
Demand destruction is the term used in economics to describe a long-term drop in the demand for a particular good as a result of persistently high pricing or a constrained supply. Consumers may conc...
In a circular, the Central Bank of Nigeria (CBN) has instructed all deposit money banks and other financial institutions to suspend processing charges imposed on cash deposits above N500,000 for indiv...
11 Plc's shareholders have announced the approval of the payment of N3.2 billion in cash dividends for the 2023 fiscal year, following a notable increase in revenue for the oil and gas company. Due to...
On February 23, 2023, Nigeria held its presidential elections, and Bola Ahmed Tinubu of the All-Progressives Congress (APC) emerged as the winner. Tinubu's victory was greeted with mixed reac...
The Chairman of Aradel Holdings, Mr Ladi Jadesimi, has announced that the firm plans to maintain its current growth trajectory and also plans to list on the Nigerian Exchange this year.Jadesimi ...
The Federal Government is considering putting an extra 500 million standard cubic feet of gas into the domestic market to address Nigeria's power shortages.According to the government, expanding the c...
On Sunday night, it was reported that the leader of Iran was caught in a devastating helicopter crash that claimed his life and others in a mountainous region.A senior Iranian official who led the mas...
investors worldwide are keeping a close eye on the performance of stock markets around the world, and many of them have shown how impressed they are with the performance of Nigeria's stock market. Th...
One way of getting closer to financial freedom in Nigeria is through investment. What if I tell you that you can make up to 200k with investing apps in Nigeria? I'm not persuading you, but that's the ...