Between 2020 and 2024, sixteen multinational corporations with majority foreign ownership, listed on the Nigerian Exchange (NGX), successfully repatriated a staggering $2.8 billion to their parent companies—despite Nigeria’s prolonged foreign ...
Guaranty Trust Holding Company Plc (GTCO) has announced a Profit Before Tax (PBT) of ₦300.4 billion for the first quarter ended March 31, 2025, reflecting a strong start to the ...
The earnings of bank chief executives in Nigeria often mirror their institution’s performance, with boards structuring compensation to reward success and align leadership with shareholder interests. Recent data from Nigerian ...
Ms. Patience Oniha, Director-General of the Debt Management Office (DMO), stated that the agency nominated Stanbic IBTC as Government Stockbroker due to its extensive and diverse financial services provider position. ...
PZ Cussons Nigeria Plc has declared its intention to turn a $34.26 million intercompany loan from PZ Cussons Holdings (PZCH), its parent company domiciled in the UK, into stock. Key ...
Neimeth International Pharmaceuticals Plc plans to restructure its foreign currency-denominated debts after incurring N2.03 billion in foreign exchange, or FX, losses. Speaking to the media about the development, Pharm. Valentine ...
FCMB Group Plc has listed 19.8 billion shares on the Nigerian Exchange Group (NGX) following a public offering that was 33% oversubscribed, indicating high investor confidence. The listing, which was finalised ...
Zenith Bank Plc has successfully raised ₦350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement issued to the Nigerian Exchange (NGX) Group on Sunday, ...
Our relationship with AquaEarth Consulting has enabled us to not only satisfy the growing demand for ESG-aligned practices, but also to play a key role in promoting Nigeria's sustainability agenda. ...
Real Estate Investment Trust (REIT) investments have significantly decreased over the last five years, according to the Pension Fund Operators Association of Nigeria (PenOp). By the end of 2024, investments ...
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