Transcorp Plc Revenue Rises 47% to N197bn in 2023 - Report Transnational Corporation (Transcorp) Plc has revealed that its revenue rose to N197 billion in the year ended December 31, 2023. According to the company's recent statement, this represents a 47.3 percent year-on-year increase from N134...

Investors Loss N24.8bn as Trading Falls Bears emerged in the domestic bourse as the market opened the week’s trading in the red region Tuesday with the Nigeria Exchange ( NGX) All-Share Index shed 4 basis points to close the day, reaching 104,518.14 points compared to...

Naira Strengthens At Official Market, Sells 1,262/$, Gains 1.23% The Naira further gained at the official market, trading at N1,262.85 to a dollar. Data from the official trading platform of the FMDQ revealed that the Naira gained N15.73 on Wednesday. This represents a 1.23 per cent appreciation...

Nigerian, African Airlines Cargo Demand Rises 20% in One Months  The International Air Transport Association report says African airlines has seen a 22 per cent year-on-year demand growth for air cargo in February—the strongest among all regions. The intra-Africa trade lane showed 42.3 per cent year-on-year...

Why SMEDAN Directs N5bn Loan Applicants to Submit CAC Certificate The Small and Medium Enterprises Development Agency of Nigeria has required N5bn beneficiaries to submit CAC Certificates so it can identify fake applicants and ensure funds are given to the right people. With the new procedure,...

Dangote PMS Will Hit Market Next Month – Report Dangote Refinery is set to supply Premium Motor Spirit (PMS) popularly known as petrol to marketers next month, May 2024, according to sources familiar with the matter. The refinery began distribution of diesel and aviation jet fuel...