GlaxoSmithKline Nigeria Plc’s Revenue Declined by 33.76%
February 01, 2024

GlaxoSmithKline Nigeria Plc’s Revenue Declined by 33.76%

According to GlaxoSmithKline Nigeria Plc's recently released financial statement for 2023, the company's profit dropped by 33.76% to N510.80 million in 2023 from N771.15 million in the previous financial year.The company announced this in a notice filed with the Nigerian Exchange Limited on Tuesday ...

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Detained Binance Official Tigran Gambaryan Files Lawsuit Against Nigeria
March 28, 2024

Detained Binance Official Tigran Gambaryan Files Lawsuit Against Nigeria

According to a recent report, Tigran Gambaryan, a Binance executive who was among the officials currently detained, has filed a lawsuit against the Economic Financial Crimes Commission (EFCC) and National Security Adviser (NSA) Nuhu Ribadu for allegedly violating his fundamental rights.In the first motion, dated March 18 and submitted by his lawyer, Olujoke Aliyu of Aluko and Oyebode Law Firm, Mr....

Naira Appreciates in the Forex Market
March 28, 2024

Naira Appreciates in the Forex Market

Recent data collected from both market segments from the trading session on Wednesday showed that the value of the naira appreciated against the dollar on all foreign exchange markets.The naira closed on Wednesday's trading session at N1,300/$1 when compared to the value of Tuesday's trading, which closed at N1,382.95, according to market data posted on the FMDQ website.The rate on Wednesday signi...

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