Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Conoil Plc reports N90 billion revenue from petroleum products sale in 9 months
The sale of white products and lubricants amount to N90,294,830 in revenue for the 9 months ended September 2022.
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Custodian Investment delivers N1 billion PAT in Q3 2022
Interest income was valued at N3.96 billion in Q3 2022, compared to the same period last year, which saw N3...
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Julius Berger reports N960 million profit for Q3 2022
Q3 result is on the back of an inflationary year, where businesses and their consumers have had to deal with...
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Transcorp, Ikeja, Capital Hotels returns to pre-pandemic levels with N11.6 billion combined revenue
Hotelling activities in Nigeria are picking up from the contractions recorded in 2020 and 2021 due to the Covid-19 pandemic
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NGX closes negative with market cap down N40 billion
The stock market has advanced by 1,122.64 base points since the start of the year
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Dangote Sugar Refinery posts N102.863 billion revenue in Q3 2022.
The positive performance in Q3 2022 vis-à-vis Q3 2021 performance is on the back of stronger growth in income lines...
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Okomu Oil Palm’s profit declines by 41% in Q3 due to high cost of sales
Turnover increased by 27% to N9.421 billion from N7.418 billion as of Q3 2021
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Buying frenzy as naira hoarders drive exchange rate past N800/$1 at FX black market
Sources at the BDC informed our correspondent that rates range between N790-N800/$1
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Jaiz Bank rakes in N925 million profit in Q3 2022
Income from financing contracts was up from N3.5 billion to N5.7 billion, driven by income from Murabaha transactions
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Sterling Bank posts N5.4 billion profit in Q3 2022
Sterling Bank increased its interest income to N31 billion from the N28 billion
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