News
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Despite forex woes, Cadbury Plc may have turned the corner
Two years ago, a Nairametrics Blurb article posited that it was time for Cadbury Plc to delist from the NGX.…
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NAFEM Exchange rate falls to record low of N1348/$1
Naira on Monday fell to a record low of N1,348.63 per dollar following strong demand on the official market, also…
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Nigeria’s pension industry gains N3.36 trillion in 2023, fastest growth on record
Nigeria’s total pension asset gained a remarkable N3.36 trillion in 2023, closing the year at a record high of N18.36…
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President Tinubu moves revenue from crude oil sales to CBN
For transparency and accountability, President Bola Tinubu has ordered the Central Bank of Nigeria to take over the responsibility for…
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CBN releases $500 million to clear more verified Forex liabilities
The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars to various sectors in its…
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Exchange rate volatility may affect debt servicing in 2024- PwC report
A new report from Price Waters and Coopers (PwC) has revealed that Nigeria may face challenges with its debt servicing…
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FCMB reports gross earnings of N516.8 billion in 2023
FCMB Group Plc has released its unaudited annual report and financial statements for FY 2023. The group recorded gross earnings…
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World Bank to restructure $200 million project in Nigeria over poor performance
The World Bank has announced plans to restructure the Innovation Development and Effectiveness in the Acquisition of Skills (IDEAS) Project…
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Dangote Cement Hits N11trn Market CAP; Airtel, MTN, UBA, Access Holdings and 7 Others Retain Over N1trn Market CAP Mark as of January 25th 2024
Based on data available from the Nigerian Exchange, the number of quoted companies with over N1trn market capitalisation stood at…
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Initial Comments on NNPCL’s 2022 Audited Accounts
By Waziri Adio NNPC Limited, Nigeria’s national oil company, released its 2022 audited financial statement late Thursday. The audited statement…
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