Highest paid Bank MDs in Nigeria
April 08, 2021

Highest paid Bank MDs in Nigeria

Regardless of the ongoing evolution and digitalization of the Nigerian economy, traditional banks, especially commercial banks, churn in the most profits among all sectors of the Nigerian economy.In the financial year 2020, the Nigerian banking sector accounted for nearly N1 trillion. With a joint e...

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The NSE Fines 42 Companies Over Failure To File Financial Reports
April 08, 2021

The NSE Fines 42 Companies Over Failure To File Financial Reports

The Nigerian Stock Exchange has fined some 42 companies for failing to adhere to the listing standards of the market. The companies including oil and gas company Conoil Plc, R.T. Briscoe Plc, Royal Exchange Plc, Deap, and 39 others, were fined over N1 billion for account filing default, according to the standards of the NSE. Some of these companies, like NGC, DN Tyre, Union Homes Savings...

Shares of Flour Mills rise by 6.9 percent
April 08, 2021

Shares of Flour Mills rise by 6.9 percent

Agribusiness company, Flour Mills Nigeria Plc saw its shares rise by 6.9 percent at the close of Wednesday's trading market on the Nigerian Stock Exchange.The shares which were formerly trading at N29, rose to N31, as more investors snagged shares of the company. This took the total market capitalization of the leading company to N127.1 billion at the end of Wednesday, adding about N8.2 billion fr...

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