Oando grows half year revenue to N2.1trn
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
Cashless regime: Banks, CFOs top discourse at Nigeria Devt Forum
Experts in resource management are set to discuss the role of banks, chief finance officers (CFOs) and commerce ahead of the full implementation of cashless regime being driven by the Central Bank of Nigeria (CBN).
Dangote Cement records N126bn profit, 125 kobo dividends
Dangote Cement Plc has announced a profit after tax of N125.909 billion for its 2011 financial year. According to its audited results for the year ended, December 31, 2011 presented to the Nigerian Stock Exchange, NSE, the company’s after tax profit grew by 0.34 per cent to N125.91 billion from N125.478 billion in its 2010 financial year.
CSCS reorganises, sacks staff
The Central Securities Clearing System Limited, CSCS, as parts of its reorganisation and restructuring exercise, has sacked some of its employees.
NSE market indices appreciate marginally
A total of 433.64 million shares worth N2.04 billion were traded in 2,852 deals on the Nigerian Stock Exchange (NSE) on Thursday.
Firm to crash prices of bakery equipment
AN indigenous firm, Caronc Holdings Limited is set to crash bakery equipment prices in Nigeria as it has entered into partnership with a South African firm; Tombake.
