Ecobank Group released its 2023 second-quarter results showing a 63% increase in pre-tax profits to N92.52 billion.
The increase in second-quarter profits helped its half-year profit before tax to rise by 38% to N150.31 billion compared to N108.96 billion...
The Divisional Head, Capital Markets at Nigerian Exchange Limited (NGX), Jude Chiemeka, has highlighted the importance of Environmental, Social, and Governance (ESG) compliance and the democratization of data in attracting investments and enhancing stock liquidity in the Nigerian capital...
The Nigeria Employers Consultative Association has warned that the continuous rising of inflation, if not controlled can hit 25 per cent before the end of the years 2023.
The Director-General, NECA, Mr. Wale Oyerinde, In a statement, said the recent...
The Director General, Debt Management Office (DMO), Patience Oniha, has again pushed for policies and actions that will galvanise revenue generation and generally stimulate economic growth.
She noted that while Nigeria’s debt to GDP ratio, at below 25 per cent,...
Nigeria’s four refineries in three locations – Port Harcourt (2), Warri and Kaduna – with a combined refining capacity of 650,000 barrels per day, are idle – the state they have been in for about 15 years. Meanwhile, businesses...
July 30, (THEWILL) - Dangote Cement Plc reported a net loss of N113.6 billion on forex-denominated transactions January through June from N40.7 billion one year prior, its unaudited financial report issued on Friday showed.
This was amid its...
July 30, (THEWILL) - Nigeria’s foremost brewer, Nigerian Breweries Plc sank to its first half-year loss in at least ten years and its heaviest since it started brewing beer 1949 in Lagos.
The loss was recorded against the backdrop...
July 30, (THEWILL) - Despite recording its biggest revenue on record, due to a boom in income from data, MTN Nigeria saw its bottom line for the first half of 2022 weakened by as much as 40...
July 30, (THEWILL) - Following the approval of the unaudited financial statements of Cadbury Nigeria Plc by the Board of Directors, the Company has announced a turnover of N35.608 billion for the six-month period ended 30 June 2023.
...
July 30, (THEWILL) - Dr. Adaora Umeoji, has been reappointed by the board of Zenith Bank Plc as the lender’s deputy managing director.
The announcement was made in a notice filed with the Nigerian Exchange Limited (NGX) on Friday.
The...
