The Securities and Exchange Commission, in collaboration with the Federal High Court, has agreed to the move by Glaxo Smith Kline Consumer Nigeria Plc to acquire back its shares from minority sharehol...
On Wednesday, the Central Bank of Nigeria (CBN) announced that it had successfully distributed $2 billion across key sectors, including aviation, manufacturing, and petroleum, to settle the backlog of...
Access Holdings Plc has reportedly acquired Megatech Insurance Brokers Ltd., an insurance brokerage company.According to the statement filed with the Nigerian Exchange Limited on Monday, the firm has ...
On Thursday, the naira fell to N956/$ on the official Investor and Exporter forex window as dollar supply fell by 46.77%.According to the data from the FMDQ, this is a 13.78% decline from the N840.53/...
Despite the naira gaining against the dollar last week, it’s been reported that on Monday the naira fell to N1,030/$ in the parallel market making its gain last week futile.Naira lost N80 or what we...
Access Holdings FX gain has climbed by 71% to reach a record seven-year in the first nine (9) months of 2023, and this was attributed to the naira devaluation that suffered the nation's economy.Howeve...
Retained Earnings (RE) are defined as the cumulative net earnings or profits of any company after settling dividend payments. The word retained means that those earnings did not go to shareholders as ...
As Nigerian banks continue to endorse digitalization, there has been a shift in revenue. In the first half of 2023, the total revenue generated from electronic transactions was N192.010 billion. These...
In a striking continuation of success, Fidelity Bank Plc, a prominent player in the financial sector, has once again secured the top position for earnings per share on the Nigerian Exchange Limited (N...
Halle Berry has recently concluded the legal proceedings for her divorce from Olivier Martinez, an event that marks the end of an almost seven-year chapter. In the wake of this resolution, Berry has a...