January 29, 2025/NGX NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nigeria’s increasingly digitalized capital market. This strategic initiative was discussed during a […]
Author: InvestAdvocate
CBN’s New FX Code
January 29, 2025/CSL Research The Central Bank of Nigeria (CBN) has introduced a new Foreign Exchange (FX) Code to enhance liquidity, transparency, and guide participants in Nigeria’s foreign exchange market. Recognized as a global standard for best practices, the FX Code addresses risks in the country’s evolving financial landscape while […]
TotalEnergies Marketing Nigeria Plc Q4-24: Higher Pricing Drives Record Revenue
January 29, 2025/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q4-24 unaudited financials today, reporting an 81.0% y/y decline in standalone EPS to NGN1.77 in Q4-24 (Q4-23: NGN6.16) undermined by an uptick in net finance cost (+185.4% y/y). However, 2024FY EPS increased by 115.5% y/y to NGN81.94 (2023FY: NGN38.03), supported by […]
