Yesterday, it was reported that the Central Bank of Nigeria (CBN) had increased the exchange rate used to calculate tariffs and import duties collected at airports and seaports.This development comes ...
Nigerian Exchange Group Plc's shareholders at the 63rd Annual General Meeting (AGM), held in Lagos yesterday, approved, among other important resolutions, the management's plan to raise N10 billion th...
Nigerian Breweries Plc recently reported its Q1 2024 report, highlighting that the brewing company recorded a total gross profit of N81.88 billion in the quarter ending March 31.This significant incre...
Yesterday, the Central Bank of Nigeria (CBN) increased the exchange rate for paying customs duties at the nation's seaports by 11.1% following the crash in the value of naira against the dollar in the...
Dangote Cement Plc released its first quarter (Q1) report yesterday. The quarter ended March 31, 2024, and was unaudited. The cement company reported that profit before taxes was N166.4 billion, up 13...
The Nigerian stock market finished the mid-week session yesterday with a bearish run, as its overall capitalization lost N673 billion.The NGX All-Share Index (ASI) lost 1,190.24 points, representing a...
In its recent report, Stanbic IBTC Holdings Plc announced that the firm plans to raise over N550 billion through a debt issuance program and a rights issue.The bank, in a notice filed with the Nigeria...
MRS Oil Plc has announced that it will seek shareholders' permission to remove itself from the Nigerian Exchange Limited.The company filed a notice to the NGX after Tuesday's extraordinary general mee...
Berger Paints Nigeria Plc, a big producer of coated paints and related goods, has requested that its shareholders approve a dividend of 80 kobo per share in its upcoming 64th Annual General Meeting (A...
On Tuesday, the Dangote refinery announced that aviation fuel and diesel prices would now sell for N980 and N940 per litre, respectively.This follows the company's announcement last week that it would...