financial statements Archives

Nigerian CEOs, What led to fire outbreak - Unity Bank, Unity Bank Plc makes new appointment , Unity Bank introduces USSD code in Yoruba, Hausa and Igbo languages

The Bank had embarked on several cost minimization initiatives that have continued to yield positive results.

UAC of Nigeria Plc reports N9.2 billion loss for FY 2019

April 19, 2020

UAC of Nigeria Plc has released its audited full-year financial report for the period ended December 31st, 2019. We hereby ...

Wapic Insurance Plc. announces notice of board meeting, closed period

by Olumide Adesina

April 16, 2020

Wapic Insurance Plc. has announced that its board of directors would meet virtually on Monday, the 27th day of April ...

Government should create special window for manufacturers to assess forex- Adeniyi

Vitafoam Nigeria Plc announces closed period for Q1 2020 result

by Olumide Adesina

April 15, 2020

Earlier today, Vitafoam Nigeria plc announced the commencement of a closed period on the trading of its shares, starting from ...

Custodian Investment Plc announces closed period ahead of Q1 result release

by Olumide Adesina

April 15, 2020

The closed period is expected to last until 24 hours after the release of the company’s Q1 unaudited financial statement.

FRC’s new corporate code to boost investors confidence, and competitiveness

FRC guides external auditors on considerations over COVID-19

by Abiola Odutola

April 13, 2020

Financial Reporting Council (FRC) of Nigeria has offered a guide to external Auditors on their considerations during the Coronavirus pandemic ...

onyema, Market data, CEO NSE, NSE lifts suspension on Omatek Ventures’ shares, NSE launches Comic Book to boost financial literacy, NSE goes public with 2.5 billion ordinary shares in unanimous vote by the members, NSE commemorates 2020 International Women’s Day and rings the bell for gender equality, COVID-19: NSE extends time for submission of financial statements, NSE PUBLISHES GUIDANCE TO FACILITATE EFFECTIVE VIRTUAL MEETINGS FOR STAKEHOLDERS AMIDST COVID-19, NSE Hosts First-Ever Digital Closing Gong Ceremony, NSE set to host financial leaders at upcoming webinar, NSE commemorates world investor week 2020, Agricultural sector can be a game changer for generating forex- Onyema, NGX GMG

COVID-19: NSE extends time for submission of audited financial statements

by Chike Olisah

March 24, 2020

The NSE has extended the time for quoted companies to submit their audited financial statements for the year ended December ...

$NCC, MDA, SEEPCO, local content laws, CBN Cashless Policy: Reps eye policy reversal, court Emiefele approval , Lawmakers tackle Finance Minister over failed CCTV project worth $460 million , Former Ghanaian President, Mahama begs Buhari to open border Former President of Ghana, John Mahama has appealed to President Muhammadu Buhari to open up its borders saying that Ghana has been heavily affected by Nigeria’s decision to close its borders. Mahama said that for economic activities to resume in West Africa, Nigeria needs to reconsider its decision on the total border closure. He made this plea while delivering the seventh anniversary lecture of investiture into The Realnews Hall of Fame and the unveiling of a book, titled: Pathways to Political and Economic Development of Africa. According to the former president as reported in The Nation, the closure of especially the Benin border, was taking a significant toll on many small and medium businesses, especially in Togo, Ghana and Cote D’Ivoire, which relied on inter-country trade. “I am sure that businesses in Nigeria that rely on supplies from these countries are also suffering. With the signing of the joint border task force agreement between Nigeria and her neighbours, I will like to take this opportunity to appeal to Nigeria to open up her border so that economic activities can resume,” Mahama said. While reacting to the shut down of shops owned by Nigerians by the Ghana Union of Traders’ Association (GUTA) as retaliation to the border closure, Mahama said; “Back home in Ghana, I also look forward to our government’s intervention that brings an immediate cessation to the forceful and illegal closure of shops of foreigners, especially Nigerians, by members of the local trade associations”. Mahama who is a former Chairman of the Economic Community of West Africa States (ECOWAS) spoke on how he still has an abiding interest in the progress of ECOWAS and its people. In this light, he said that Nigeria being the home of ECOWAS and the largest economy in West Africa should not allow the objective principles for establishment of ECOWAS to be lost. Meanwhile, the Vice Chancellor of Niger Delta University, Bayelsa State, Prof. Samuel Edoumiekumo, advised President Muhammadu Buhari not to yield to pressure to reopen the borders. Edoumiekumo who was also present at the lecture said President Buhari should remain firm in his resolve to ensure economic growth and the country’s development as the border closure will generate more revenue for the nation and tackle smuggling., Nigerians are enraged as lawmakers reject Innoson cars for latest Toyota Camry , FMBN ex-MD ordered to refund his salary, submit FMBN accounts over infractions$