Other News

FEC Approves Immediate Implementation of the Stephen Orosanye Report

February 28, 2024/CSL Research News reports say the Federal Executive Council (FEC) has approved the immediate implementation of the Orosanye report. The Information and National Orientation Minister, Mohammed Idris who made the announcement after the FEC meeting, noted that the adoption of the report, which was submitted to the Federal […]

Islamic Development Bank Institute’s New Book Offers Guide on Navigating Islamic Equity Investing

The book goes beyond traditional investment guides by addressing the unique challenges and opportunities presented by ethical investing within the principles of Islamic economics February 28, 2024/Islamic Development Bank Institute The Islamic Development Bank Institute (IsDBI) published a new book titled “Demystifying Islamic Equity Investment: Portfolio Theory and Practice”. The […]

Nestle Nigeria Plc 2023FY: Bottomline Pressured by Soaring FX Loss

February 28, 2024/Cordros Report Nestle Nigeria Plc (NESTLE) published its 2023FY audited financials after the close of market yesterday (27 February). The result revealed a loss per share of NGN100.26 in 2023FY (vs EPS of NGN61.77 in 2022FY) due to the heavy foreign exchange loss incurred (NGN195.07 billion | 2022FY: […]