The Managing Director of BUA Foods, Ayodele Abioye, and the Chief Executive Officer of Lafarge Africa, Khaled El Dokani, lament about the Naira redesign policy of the Central Bank of Nigeria (CBN).
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The trillionaire club is not for everyone, nor is it for every company. Only a handful has made it to this exclusive list out of the over 150 companies publicly listed in
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The food companies owned by Aliko Dangote and Rabiu Abdulsamad proposed to pay their shareholders N99.22 billion as dividends for their investments in 2022. According to the financial records of Dangote Sugar,
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BUA Foods revealed that its revenue for the financial year of 2022 rose by 26 per cent, with the company’s bottom line up by 31 per cent. According to the financial records
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Nigerian Exchange Limited (NGX) ended trading with N180.22 billion gain on Thursday, 23 February 2023, as the market capitalisation grew from N29.58 trillion to N29.76 trillion. The All-Share Index closed at 54,646.38 ASI,
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In 2022, Nigeria experienced historic inflation, with the rate closing in November at 21.47 per cent, the highest level in 17 years. Within 11 months, inflation soared by 37.6 per cent, having
MoreThe stock market’s total equity capitalisation closed at N28.10 trillion on Tuesday after the capital market shutdown to celebrate the New Year public holiday on Monday. Following trading on Tuesday, the market capitalisation appreciated
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Only five companies made it into the most valuable firms’ list at the end of business activities in 2022, out of the over three million companies registered in Nigeria. The companies are
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BUA Foods executive director, Isyaku Rabiu, has quit his position on the company’s board, almost a month after Saratu Umar left the firm. Rabiu resigned from the board over regulatory requirements. Not
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Investors lost over N426.06 billion on Tuesday, resulting to the market capitalisation closing down at N26.18 trillion. This was due to sell off among traders, which caused the market capitalisation to depreciate
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