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Latest News
FBN Holdings Plc Appoints Ebenezer Olufowose as Chairman
Yesterday, a statement from FBN Holdings Plc reported that Mr. Tunde Hassan-Odukale will step down as Chairman of First Bank of Nigeria Ltd.First Bank's Board of Directors has named Mr. Ebenezer Olufo...
Naira Goes Down Despite Measures Put In Place to Sustain It - Market Analysts
On Monday, it was reported that the foreign exchange market opened the new trading week with the naira trading against the dollar for N1,430 on the parallel market, also known as the black market.This...
Nestle Nigeria Plc Q1 2024 Shows Revenue Growth of 43.3%
Nestlé Nigeria Plc's recent report shows a revenue growth of 43.4% to N183.5 billion in the first quarter of 2024.The Company's unaudited Q1 results for the period ended March 31, 2024, were released...
Dangote Cement Plc Releases Q1 Report With N112.67 Billion PAT
Dangote Cement Plc released its first quarter (Q1) report yesterday. The quarter ended March 31, 2024, and was unaudited. The cement company reported that profit before taxes was N166.4 billion, up 13...
Naira Trade Against the Dollar at N1309 at the Official Market
On Thursday, the naira experienced a major decline against the US dollar, trading at N1,309/$ at the official market and N1,420 at the parallel market. This depreciation can be attributed to the high ...