Economy/Business (Page 292)

By Chinyere Joel-Nwokeoma The nation’s bourse closed trading on Tuesday on a negative note, due to price depreciation posted by Nestle and other 25 stocks. Consequently, the benchmark index declined by 233.81 or 0.59 per cent to 39,697.62 from 39,931.63 achieved on Monday. Accordingly, the month-to-date and year-to-date losses increasedContinue Reading

By Vivian Ihechu Nestlé Nigeria Plc has announced its financial results for the year 2020, posting a revenue of N 287.1 billion with 1.1 per cent growth over the previous year. Gross profit for the year 2020 stood at N 119.2 billion, compared to N 128.1 billion during 2019. TheContinue Reading

By Emmanuella Anokam The Nigerian Investment Promotion Commission (NIPC) says it will host a special session tagged “Showcasing Sub-National Investment Opportunities” at the Nigeria Finance Week to promote investments into priority sectors. Mr Emeka Offor, NIPC’s Director of Strategic Communication, said at the opening of the finance week on TuesdayContinue Reading