MARKET
Transcorp Power Soars: N453 Billion Profit Before Tax Reported in 2023
Transcorp Power Plc (Transcorp Power) announced a robust financial performance for the year ended December 31, 2023. The company reported...
NAHCO to pay N2.54 as final dividend to shareholders
The Nigerian Aviation Handling Company (NAHCO) says it plans to pay a final dividend of N2.54 per share to its...
Access Corporation’s Profits Skyrocket to N612.4 Billion
Access Corporation, Nigeria's leading finance holding company, has unveiled astounding financial results for the 2023 fiscal year, with a profit...
Nigerian Stock Market Faces Decline, Losing N103.97 Billion in Value
In a recent turn of events on the Nigerian Exchange Limited (NGX), the stock market witnessed a downturn, marked by...
ABCON – FGN Securities Oversubscription Boosts Exchange Rate
The Association of Bureau De Change Operators of Nigeria (ABCON) has credited the recent oversubscription of Federal Government of Nigeria...
The Nigerian Naira Shows Resilience Amidst Dollar’s Strength
Amidst a whirlwind week of pivotal decisions from central banks worldwide, the Nigerian naira has displayed unexpected strength against the...
Naira Gains Ground, Hits N1400/1 USD on Parallel Market
The Nigerian naira has exhibited strength against the US dollar, reaching a notable benchmark of N1400/$ on the parallel market....
CBN Clears $1.5bn FX Transactions, Eliminates Legacy Backlog
The Central Bank of Nigeria (CBN) has announced the successful resolution of all outstanding foreign exchange obligations totaling $1.5 billion....
Nigeria’s Foreign Tax Revenue Surges: Doubling Amidst Naira Weakness
Nigeria has witnessed a substantial surge in tax earnings from foreign firms, with figures nearly doubling within the span of...
Vitafoam Shareholders Approve N1.95 Billion Dividend Payout
Shareholders of Vitafoam Nigeria Plc convened for the 62nd Annual General Meeting (AGM) in Lagos, where they unanimously approved the...
