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 ...
Binance, the largest cryptocurrency platform, has come to light again. The Federal High Court in Abuja has ordered the firm to provide comprehensive information to the Economic and Financial Crimes Commission (EFCC) on all persons from Nigeria trading on its platform.The high court issued the order in response to an ex-parte motion filed by the EFCC demanding information about Nigerians trading on...
According to recent predictions, the naira is expected to stabilise this week, following different moderations from the Central Bank of Nigeria (CBN) that have reduced the pressure on demand following the decline in dollar supply.Last week, the foreign exchange (FX) market closed positively as the local currency appreciated against the dollar in the official and parallel markets.The naira gained 0...