CHELLARAMS BLAMES N3BN LOSS ON FOREX CRISIS
Summary:- Financial Results: Chellarams Plc reported a significant loss of N3 billion for the financial year ending March 2024, compared to a profit of N4.9 billion the previous year.- Main Factors fo...
Summary:- Financial Results: Chellarams Plc reported a significant loss of N3 billion for the financial year ending March 2024, compared to a profit of N4.9 billion the previous year.- Main Factors fo...
It was a rocky year for the stock market all around the world and Nigeria's economy suffered a lot more than the rest of the western countries. Nigeria was hit by high inflation due to the reopening o...
The market has been down by a lot in the past years and there seems to not be a way out for investors who are in the market with the Nigeria Stoc Exchange. There is no liquidity and the ma...
DAAR Communications plc is a Nigerian broadcasting company that is privately held. Raymond Dokpesi founded it on August 31, 1998, and it was transformed into a public liability corporation on April 23...
Bullish implies a belief that the market, a sector, or a specific stock will rise in value. It's a forecast for steadily rising security prices. Typically, a bigger percentage of market participants a...
The names, Bank Verification Numbers (BVNs), and account numbers of clients who accessed foreign exchange under false pretense and refused to return it have been published by some Nigerian banks.This ...
Nigerian Breweries Plc is the largest brewing company in Nigeria. It serves the Nigerian market and West Africa.Nigerian Breweries Plc's Board of Directors has released its audited financial statement...
Through its wholly-owned subsidiaries NGX Exchange, NGX REGCO, and NGX RELCO, the NGX Group offers a comprehensive range of services, including securities listing and trading, licensing, market data s...
President Muhammadu Buhari has advocated for more balanced trade between Africa and the European Union, claiming that agricultural exports to EU farmers have made African food exports uncompetitive.Th...
Nigeria's foreign trade increased by 58.6% year-on-year in the third quarter of 2021, reaching a new high of N13.28 trillion, up from N8.38 trillion in the same period of 2020, according to Nairametri...