Sell-off in MTN, Ecobank drags equities down by 0.22%
The equities market sustained its bearish performance on Wednesday, on the back of sell-off on the shares of MTN Communication…
Day: February 27, 2020
Lafarge Africa rewards customers
Lafarge Africa Plc has rewarded its customers during its Customer Award event held in Lagos. The event was an opportunity…
PoS transactions fall by 16%
Financial sector experts are divided over the 16 percent month-on-month, MoM, decline in the value of Point-of-Sale, PoS, transactions in…
Dangote Cement reports N201bn profit after tax
Dangote Cement Plc has posted a profit after tax of N200.521bn for the financial year ended December 31, 2019 as…
Tribunal orders Ecobank to pay N1.6bn to FIRS
The Tax Appeal Tribunal, Lagos Zone has declared as illegal, null and void the decision of Ecobank Nigeria Limited to…
2019 debt servicing gulped N2.1tn — Investigation
The Federal Government spent a total sum of N2.1tn to service the country’s debt obligations to local and foreign debtors…
Shoprite selling property to pay for online, store upgrades
Shoprite Holdings Limited’s decision to sell some properties and lease them back is to free up cash to invest in…