Nigerian equities market attracts $19.2bn investment in five years
As foreign investors take a position in low-priced stocks, the Nigerian equities market attracted a total of $19.2 billion (N8.83 trillion) in Foreign Direct Investment
Author : Editor
International Breweries improves revenue by 20% to N218bn in 2022
International Breweries Plc has recorded double-digit revenue growth to N2187 billion for the financial year ended December 31, 2022 from N182.3 billion reported in 2021
Stakeholders fault ports task force over N5.4bn demurrage claim
Maritime stakeholders have faulted the claims by the Ports Standing Task Team that its operations saved visiting ships N5.4bn they could have paid as demurrages
Shareholders protest Oando planned delisting, share acquisition
Some shareholders have expressed concerns over Oando Plc’s plan to delist from the capital market and acquire the shares of minority shareholders. Oando in a
Nigeria earned N1.8tn from oil export in March – Report
Nigeria’s revenue from crude oil export increased by N337bn in March, hitting N1.8tn, according to data obtained. This came as the country attained its crude
22 years after, government fails to settle ex-PHCN pensioners’ arrears
The failure of government to meet the pension expectation of retirees has shattered the plans of many, as well as induced economic trauma, which in
Court grants interim forfeiture of N725m, Banana Island property linked to ex-NIMASA D-G
The Federal High Court sitting in Lagos Monday granted an order of interim forfeiture of N725,345,897.77 and Plot J 37A 218 Close, 2nd Avenue, Banana
NEITI hails appointment of Chinery as new regional director for NRGI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed the appointment of Nafi Chinery as the new African Regional Director of the Natural Resources Governance
Oil price dip: Goldman Sachs still bullish, sees quick recovery
Despite the market panic caused by the collapse of two United States banks, Goldman Sachs has remained bullish, with the Global Head of Commodities for
Dangote, BUA, Nestle, Cadbury, three others make N3.6tn revenue
Despite a seemingly harsh operating environment faced by businesses in 2022, seven of Nigeria’s leading conglomerates and manufacturers made record revenue in 2022 financial. Figures
