According to GlaxoSmithKline Nigeria Plc's recently released financial statement for 2023, the company's profit dropped by 33.76% to N510.80 million in 2023 from N771.15 million in the previous financial year.The company announced this in a notice filed with the Nigerian Exchange Limited on Tuesday ...
MRS Oil Plc has announced that it will seek shareholders' permission to remove itself from the Nigerian Exchange Limited.The company filed a notice to the NGX after Tuesday's extraordinary general meeting (EGM), during which it disclosed its plan for delisting.According to the notice attached to the EGM notice, MRS Oil Plc's Board of Directors concluded a strategic review of its status. The assess...
The Central Bank of Nigeria (CBN) announced it has started selling $10,000 to Bureau De Change (BDC) operators, offering them direct access to US dollars at a discounted rate of N1,021 per dollar.This is the fourth time the apex bank is selling this year and the second this month. The CBN's goal is to support the foreign exchange market and maintain the value of the naira relative to the dollar.Re...
