1 day in the past
Warranty Belief Holding Firm (GTCO) has introduced a document web revenue of N905.6 billion for the primary half of 2024, marking the best revenue ever achieved by a Nigerian-listed firm. This result’s roughly double the after-tax revenue of Dangote Cement, Nigeria’s largest firm by market worth, for the earlier 12 months. The corporate’s web revenue…
1 day in the past
The Nationwide Bureau of Statistics (NBS) has introduced that Nigeria achieved a commerce surplus of N6.94 trillion for the second quarter of 2024. In response to the NBS’s overseas commerce report, Nigeria’s exports totalled N19.41 trillion, whereas imports have been N12.47 trillion. The commerce surplus, an indicator of a optimistic commerce steadiness, displays that Nigeria’s exports exceeded…
1 day in the past
BudgIT, a civic-tech non-profit organisation, has revealed that the Cocoa Analysis Institute of Nigeria (CRIN) in Ibadan, Oyo, acquired N250 million for photo voltaic road lights in Lagos within the 2024 funds. In a submit on X (previously Twitter) on Tuesday, BudgIT raised considerations over the institute’s allocation of funds for unrelated initiatives reminiscent of road…
1 day in the past
The just lately issued 500 million {dollars} Federal Authorities (FGN) bond has recorded a subscription of 900 million {dollars}, indicating an over subscription to the tune of 400 million {dollars}. That is based on a press release by Mr. Mohammed Manga, Director, Data and Public Relations, Federal Ministry of Finance and Financial Planning. Manga mentioned that in…
1 day in the past
Some 82 indigenous corporations, that are into barge operations are on the threat of shutting down, which might render over 26,000 folks unemployed.