According to a report by the Economist Intelligence Unit (EIU), Nigeria's official exchange rate is expected to weaken to N1,068.3/$ by 2025. The report highlighted the widening gap between the ...
As audited accounts begin to emerge, companies will propose dividend payments to their shareholders, following recommendations by their respective boards of directors. It's essential to keep track of these dividend ...
Amidst the economic challenges faced by various sectors, Nigerian cement producers have displayed remarkable resilience, managing to maintain profitability throughout the first nine months of this year, despite grappling with ...
The naira exchanged at 1,185/$ on Wednesday at the parallel market, as liquidity challenge persisted, according to some Bureau de Change Operators. Some BDC operators who spoke to The PUNCH, said ...
Nigerian Breweries Plc has released the company’s unaudited financial statement for the third quarter ended 31st September 2023, declaring revenue of N402bn for the period. This represented two per cent ...
A significant decline in cargo imports, amounting to 65 percent, has been attributed to the ongoing instability of the naira against the dollar during the third and fourth quarters of ...
In the first nine months of this year, Dangote Cement recorded N933.08 billion in revenue from its Nigerian operations, up 4.76 percent from N890.65 billion in the same time in ...
Net foreign exchange (FX) inflow into the economy fell sharply by 54 per cent, year-on-year, YoY to $7.29 billion in the first half of the year, H1’23, from $15.86 billion in the ...
The Nigerian naira has taken a significant hit in its ongoing decline, reaching a concerning low of N1,210 against the U.S. dollar in the parallel market. This drastic depreciation, as ...
In the face of skyrocketing inflation rates, a recent study conducted by SBM Intelligence has unveiled a significant shift in the financial habits of Nigerians. The study discloses that a ...
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