Other News

United Capital Weekly Pan African Monitor Friday 01-Mar-2024

March 1, 2024/United Capital Anglophone West Africa (WAEMU) Nigeria BDC operators plan mergers, fault mandatory deposit The President of the Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadebe, has announced that members of the association would consider mergers if the proposed guidelines for their operations go into effect. […]

MTNN 2023FY: Substantial FX Losses Upends Top-Line Gains

March 1, 2024/Cordros Report MTN Nigeria Communications Plc (MTNN) released its 2023FY financials this morning, reporting a loss of NGN137.02 billion (vs PAT of NGN348.73 billion in 2022FY), resulting in a loss per share of NGN6.38 (2022FY EPS: NGN16.76). The dip in earnings was underpinned by the marked expansion in […]

Seplat Energy Grows 2023 FY Revenue by 12% to N696.9Bn Offers

… Declares US 15 Cents Total Dividend Per Share February 29, 2024/Seplat Energy Plc Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its audited results for the twelve months ended 31 December 2023, recording a growth […]