Category: Business

NGX delists GlaxoSmithKline from exchange list

The Nigerian Exchange Limited has delisted GlaxoSmithKline Consumer Nigeria Plc’s shares from the Daily Official...

PZ Cussons Nigeria’s H1 2023/2024 losses hit N73.8bn

The financial results for the second quarter of the fiscal year 2023/2024, which ended on...

MultiChoice to pay FIRS $37.3m as tax settlement

The largest pay TV company in Africa, MultiChoice Group, announced on Thursday that a tax...

Dangote refinery fuel delayed by govt – Report

Dangote Petrochemical Refinery’s plan to release aviation fuel and diesel for sale in the Nigerian...

FCMB announces accelerator program for one million SMEs

First City Monument Bank has started an accelerator program aimed at helping over a million small...

UAC returns to profitable ways, reports N12.7bn profit in 2023

Following a pre-tax loss of N4.4 billion in 2022, UAC Nigeria Plc showed a return...

$20bn spent yearly by African countries on wheat import – TAAT

The Head of the Technologies for African Agricultural Transformation Clearinghouse, Dr. Solomon Gizaw, has stated that Africa...

Jeff Bezos sells 50 million Amazon shares

Amazon founder and billionaire Jeff Bezos, has stated that he plans to sell up to 50...

Chevron pays stockholders $26bn

Chevron Corporation has announced a $26 billion return to investors for fiscal year 2023. This...

Equity market recovers, gains N902bn

Positive trading returned to the stock market on Thursday, resulting in a gain of N902...

NGX starts 2024 with impressive surge in investors confidence

The Nigerian Exchange Limited concluded January 2024 with remarkable positivity in equities trading, driven by...

Market capitalization falls N857bn due to sell-offs

The Nigerian Exchange’s market capitalization fell for the second time this year, losing N857 billion...