Summary financial information for the year ended 31 December 2023
By Guardian Nigeria
24 May 2024 |
9:00 pm
Summary financial information for the year ended 31 December 2023
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A woman and her two children have tragically lost their lives in a fire that engulfed their residence in the Ondo West Local Council, Ondo State.The incident occurred Sunday night on Rainbow Street, Onipakala Junction, off Adeyemi Road in the council area.
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Airtel Nigeria, yesterday, effected the 50 per cent tariff hike approved by the Federal Government. Airtel joined MTN Nigeria as the two operators that have implemented the price change so far. Under the new pricing regime
1 day ago
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened four pips to 7.1702 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
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PZ Cussons Nigeria PLC Board of Directors have concluded plans to convert $34.26 million of its outstanding loan into equity.
1 day ago
The Nigerian equities market extended its bullish momentum for the second consecutive week in February, as improved corporate performance across sectors lifted market capitalisation by N1.3 billion.
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Despite the NOGICD Act’s mandate to prioritize Nigerian companies for services that can be performed domestically, such as pipeline coating, weak enforcement, political interference, and infrastructural challenges have rendered the law ineffective.
1 day ago
How the Monetary Policy Committee (MPC) responds to the growing call for monetary policy neutrality (or easing in its extreme form) this year, starting this week’s opening meeting, will determine where the past 15-month interest rate takes the economy
1 day ago
The Cloud Network Foundation (CNF) has urged the Federal Government to reconsider the new ATM withdrawal charges recently introduced by the Central Bank of Nigeria (CBN), warning that such policies will further worsen the financial strain on Nigerians.
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Financial analysts at Cowry Asset Management Limited have stressed the need for the government to implement strategic policies that will sustain ongoing reforms and stabilise the exchange rate to boost investor confidence, particularly among foreign investors.
1 day ago
Nigeria Customs Service (NCS) has begun full implementation of its Authorised Economic Operator (AEO) programme. This followed a successful ten-month pilot phase, during which the six participating companies recorded a 203.5 per cent increase in trade volume and a 94.1 per cent rise in revenue generation for the service.
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