Company News

This is a summary of the major news stories that made headlines during the week that ended November 12, 2022

The last day for shareholders to decide which currency they wish to receive their dividends is November 24, 2022

An analysis of results of Nigeria’s publicly leading oil and gas companies reveal they earned a whopping sum of N1.031...

The facility is funded by the United Kingdom Foreign, Commonwealth, and Development Office (FCDO)

The commodity futures market will deepen the financial system and catalyze the development of the agricultural sector.  

Other challenges include unstable government policies, multiple taxations, a turbulent macroeconomic environment, poor infrastructure, difficulty in sourcing raw materials

The current economic headwinds facing mid-cap businesses place a demand on business leaders to carefully plan their capital needs

Marketing and distribution expenses stood at N15.028 billion in Q3 2022 compared to N12.123 billion in Q3 2021

Profit after tax increased from N65.9 billion in Q3 2021 to N74 billion during the period under review

An increase in cost of sales affected profit after tax which dropped by 46% to N5.700 billion in H1 2022