Guinness Nigeria Plc has reported a N54.7 billion loss for the financial year ended June 30, 2024. This was N36.5 billion higher than the N18.1 billion loss the company recorded …
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NGX: Equities market in massive slump as investors lose N1.1tr
Investors in the Nigerian equities market lost N1.1 trillion at the close of trading on Friday. This followed the dip in the share prices of stocks like ETERNA, DANGOTE CEMENT, …
Read More »ICAN president counsels new accounting technicians on integrity
The 60th President of the Institute of Chartered Accountants of Nigeria, Davidson Alaribe, has charged new associate accounting technicians of the institute to keep integrity and accuracy as their …
Read More »Residents allege brutalisation as Lagos intensifies building control
Residents of Royal Estate, Phase 1 in Alimosho Local Government, Isheri-Olofin of Lagos, are still counting their losses after the Lagos State Building Control Agency demolished alleged illegal structures …
Read More »FCMB posts N59.5bn profit
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 »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 …
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