Newscenter Media News FCMB Group improved profit for the first half of the year by 68.1 per cent to N59.5bn from N35.4bn recorded in the same period last year. This was disclosed …
Read More »Business
Crude supply: N’Assembly probes $10bn oil theft, summons NNPC, Dangote
Between January and July 2024, Nigeria lost an average of 437,000 barrels of crude oil daily, worth about $10bn due to theft, vandalism, and other criminal activities, the House …
Read More »Stable oil price, FDI will boost external reserves — Analysts
As the Governor of the Central Bank of Nigeria, Olayemi Cardoso disclosed that the country’s external reserve has hit $37bn, experts have stated increase in oil prices and improved …
Read More »NGX: Investors lose N117bn as equities market slump continues
For the third day running, investors in the Nigerian equities market lost N117 billion at the end of trading on Thursday. This followed a crash in the share prices of …
Read More »Omatek, FCMB, others drag equity market to N118bn loss
Investors lost N118bn on the Nigerian Exchange Limited, on Thursday, driven by dips in the share prices of Omatek Ventures, Cutix Plc, and First City Monument Bank. Omatek Ventures …
Read More »CAC to delist Chisco Transport, Zenon, Eko paragon refinery, 100k others for inactivity (Full List)
No fewer than 100,00 companies will soon be deleted by the Corporate Affairs Commission (CAC) for not filing their annual reports in 10 years from its register. The companies were …
Read More »Price of yam, tomatoes, beans, others surge by over 250% since 2023 —NBS
In a development that has further worsened the economic conditions of Nigerians, the prices of staple food items like beans, yam, tomatoes, potatoes and others have risen by more than …
Read More »Firm recommits to eco-friendly building practices
TotalEnergies Staff Housing Cooperative Multipurpose Society Limited has reaffirmed commitment to sustainable green building practices. The company in a statement issued on Wednesday, after being awarded with two prestigious …
Read More »NGX records domestic, foreign transactions worth N2.60tr in H1’24
The Nigerian Exchange Limited (NGX) has disclosed that a total of N2.60 trillion worth of domestic and foreign investments were recorded between January and June 2024. This development was disclosed …
Read More »Terminal operators pledge support for Dantsoho
The Seaport Terminal Operators Association of Nigeria has said that the new Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has all it takes to reposition the …
Read More »