The weakening of the naira resulted in a combined foreign exchange loss of N8.31bn for four pharmaceutical firms listed on the Nigerian Stock Exchange in 2023. The 2023 financial statements of ...
Sun International Limited, a renowned South African hospitality group, intends to offload 43% of its stake in Tourist Company of Nigeria Plc, the entity behind the Federal Palace Hotel and ...
Zenith Bank Plc has released its audited results for the fiscal year ending December 31, 2023, showing a spectacular triple-digit growth of 125% in gross earnings from NGN945.6 billion in ...
A power-generating company, Geregu Power Plc, has announced a 254.37 per cent year-on-year appreciation in its revenue to N50.42bn in the first quarter of 2024. In its interim financial statement ...
The combined operating expenses of 10 Nigerian banks rose by 42.51 per cent to N3.23tn in 2023 compared to N2.26tn in the previous year, according to The PUNCH findings This ...
The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange ...
The Nigerian Exchange Group has indicated plans to raise about N10bn in additional capital via a rights issue. In a notice of Annual General Meeting, the group, which houses the ...
Stock investors lost N252bn as the Nigerian Exchange sustained its bearish trading on Thursday. The market lost about N467bn between Tuesday, when it resumed after the Easter holidays and Thursday. ...
Transnational Corporation Plc grew its profit before tax by 93.5 per cent to N58.8bn in 2023 from N30.4bn in the same period in the previous year. The firm’s financial results ...
The bullish trading pattern of 2023 extended into the first quarter of 2024, resulting in a N18.203tn gain for investors in the Nigerian Exchange. The exchange had closed 2023 with ...
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