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...
On Tuesday, the Lagos Free Trade Zone Command of Nigeria Customs Service revealed that it had generated N5.08 billion from the Lekkideep seaport in eight months.This was revealed in a press statement ...
The Central Bank of Nigeria recently announced that it has successfully cleared the backlog of foreign exchange owed by foreign airlines. The apex bank said it has successfully removed all verified cl...
The Nigerian Stock Exchange investors witnessed another change as the 13-day bullish trend was halted as market capitalisation lost N856 billion following a decline from Dangote Sugar Refinery Plc and...
The Debt Management Office recently released the result for the FGN bond auction for January 2024.From the recent results, the Federal Government raised about N418.197 billion from four auctioned bond...
Elon Musk's Neuralink, founded in 2017 to help implant electrodes into the human brain, is said to have completed his first human implant. The CEO announced this via his X handle on Monday. According ...
On Monday, the naira fell to N1348.63/$ at the Nigerian Autonomous Foreign Exchange Market. The decline shows a 51.21% drop from how the N891.90/$ traded last Friday at the official market. This data ...