Ronald Adamolekun

Insurance service expenses were the major pressure point as they not only more than doubled to N8.3 billion, but also crowded out insurance revenue, which had risen by 47 per cent.

Until the reclassification this March, Nigeria had been excluded from frontier markets for 30 months, following a sharp devaluation of its currency and other FX reforms.

In a similar vein, the court held that the Federal High Court and Court of Appeal do not have the jurisdiction to hear the suit, considering that the litigation is an admiralty dispute.

Net profit for the consumer goods company advanced by nearly fourfold to N49.1 billion, thanks to profit on disposal of fixed assets, which delivered N38.7 billion, relative to N6.5 million a year earlier.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.

“Suspension is lifted from BGL Securities and BGL Asset Management,” the SEC confirmed in its response to PREMIUM TIMES’ media inquiry into the registration status of the two entities.

The core investor is tabling N590.94 to purchase each of the shares, which were quoted at N562.8 per unit at the start of trade on Lagos’ Customs S...

Shares in the brewer accelerated by 10 per cent—the maximum daily gain allowed by the bourse—at market close following the disclosure.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.