Oando Plc Records N74.7bn Profit After Tax, 71% Turnover Increase In 2023 Financials
Oando has announced a profit after tax of N74.7 billion for 2023, reflecting a turnaround from the previous year’s loss.
Oando has announced a profit after tax of N74.7 billion for 2023, reflecting a turnaround from the previous year’s loss.
The Senate has postponed public hearing on CBN Act changes amidst widespread criticism and calls for broader consultations
CBN has allowed for 50% balance of export proceeds to be sold to authorised dealers if unused after 90 days.
British Airways has opened a luxury lounge in MM1 Lagos, collaborating with Akoje Gallery to showcase Nigerian art.
Tengen Holdings has increased its investment in Access Holdings, acquiring approximately 59.403 million shares valued at N1.01 billion.
Nigeria’s Dangote refinery has dispatched its first jet fuel cargo to Europe.
Dubai will host the World Air Transport Summit (WATS) directly following the IATA AGM, addressing pivotal aviation sector concerns.
Keyamo asked Turkish Airlines to upgrade aircraft flying to Nigeria and resolve transit visa issues causing Nigerians to be stranded.
A coalition of over 300 women organisations has called on all Nigerian women to boycott all products of Erisco Foods.
“The Central Bank of Nigeria must be free from political influence to function properly,” says Chika Mbonu.
NNPC has announced the signing of a settlement agreement involving ExxonMobil’s divestment of its stake in MPNU to Seplat Energy.
Dangote Refinery is exploring listing on London Exchange because Nigerian bourse may not have capacity to handle it exclusively.
Chioma Okoli’s lawyer said she suffered a miscarriage due to stress, while prosecution opposed bail, citing past non-compliance with conditions.
Stakeholders have attributed escalating food prices in Nigeria to insecurity, high haulage costs, and removal of petrol subsidies.
AfDB’s President Adesina says Africa’s economic growth will accelerate to 3.7% this year.
SPDC and SNEPCo increased contributions to NDDC, remitting $142.5 million in 2023 for Niger Delta projects.
The naira remained unchanged at N1,339.33/$1 (official window) and N1,520/$1 (parallel market) as transaction volumes soared by 81.58% on Tuesday.
The LCCI’s “scorecard” of Tinubu’s first year in office has shown inflation, weak Naira, and sectoral declines defining the year.
Brand Finance has highlighted Access Bank’s continued strength and positive reputation within the Nigerian market.
Nigeria’s pensions fund regulator reveals fund assets increased by 7.14% to N19.67tn, but inflation may diminish the actual value.
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