CBN’s 2024 Financial Statements as Indicators of Economic Recovery, by Rahma Olamide Oladosu   In a nation where financial anxieties have become a daily soundtrack for citizens and policymakers alike, the recently released 2024 financial statements of Nigeria have provided an unexpected but welcome note of optimism....

NNPC Refineries Generate Zero Revenue, Pay Workers N69bn         Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants generated zero revenue as they did not process a single barrel of crude oil. The refineries suffered a combined loss of...

Financial Statements: NSE Suspends Trading In Conoil, 10 Others   The Nigerian Stock Exchange on Tuesday suspended trading in the shares of Conoil Plc and 10 other companies for failure to submit their financial statements as and when due. The NSE, in a statement on Tuesday, notified...

Financial Statements: 38 Firms Get N429.5m NSE Fines   The Nigerian Stock Exchange imposed a total of N429.5m in fines on companies that failed to file their financial statements as and when due last year. The latest data obtained from the NSE by our correspondent showed that...

NSE Fines 4 Firms N127.2m Over Financial Statements   The Nigerian Stock Exchange has fined four companies a total of N127.2m for failure to adhere to best corporate governance practices and refusal to submit their accounts and operational reports as and when due. It was reported on...