NASCON Allied Industries announced that it gained more market share even as its profit after tax (PAT) rose by 151% to N13.73 billion for the financial year ended December 31, 2023.NASCON also reporte...
Last month, the major shareholder of PZ Cussons Holdings announced plans to buy out other shareholders, but this was pending regulatory approvals. On Tuesday this week, the Securities and Exchange Com...
According to the recent Forbes Rich List, Bernard Arnault reclaimed his title as the world's richest man.Arnault's net worth declined by $3 billion on Thursday, from $202 billion to $199 billion in a ...
The value of the naira was reported to rise significantly on Thursday to close at N1,382.85 against the dollar, from how it previously closed on Wednesday for N1,536.83 after the Central Bank of Niger...
Yesterday, the Nigerian stock market halted its three-day straight bearish run as investors engaged in profit-taking activities. Yesterday's gains were attributed to the gains in BUA Cement Plc and 21...
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Access Bank Plc, a subsidiary of Access Holdings Plc, has announced that it has signed a binding agreement with Kenyan-based KCB Group Plc (KCB) to purchase all of the issued shares of National Bank o...
The naira showed strength at the official market, quoting N1,560.75/$, and this development has been attributed to the many reforms of the Central Bank of Nigeria (CBN).At the close of trading at the ...
Investors at the Nigerian Stock Exchange (NGX) finished the mid-week trading session in a red zone, leading to a three-day consecutive bearish run. Market capitalisation was down by N168 billion, as i...
The Nigerian Senate has approved N466,342,656,922.00 as the 2024 Federal Inland Revenue Service (FIRS) budget.The passage of the budget by the Senate followed its adoption and approval of the recommen...
Savannah Energy Plc, a British energy company, yesterday agreed to sign separate Share Purchase Agreements with Sinopec International Petroleum Exploration and Production Corporation and Jagal Venture...