Business

Market

Banking index loses 2.1% as investors stake N29.6 billion in equities

Orimix Times August 7, 2023

The banking index led the loser’s chart at the end of last week’s transactions...

Stocks

NGX facilitates FG’s infrastructure drive, admits DMO’s N130bn Sukuk

Orimix Times August 4, 2023

Nigerian Exchange Limited (NGX) announces the listing of the Federal Government’s N130 billion Sovereign...

bmw

How BMW shareholder, Susanne Klatten lost $2.7 billion in 4months

Orimix Times August 3, 2023

Susanne Klatten, the richest woman in Germany and a billionaire heiress, has experienced a huge...

notore

Notore posts N7.92b revenue for Q2

Orimix Times August 2, 2023

Nigerian fertiliser and agro-allied company, Notore Chemical Industries Limited (Notore), has recorded a revenue...

Stock

NGX All-Share Index closes July in green territory, up 5.5%

Orimix Times August 1, 2023

Equity trading on the Nigerian Exchange Limited (NGX) finished the month of July in...

dollar

Banks struggle to meet need for personal travel allowances amidst sollar scarcity

Orimix Times August 1, 2023

Adebisi, a young Nigerian set to migrate to Canada for good, found himself in...

Nestle Nigeria reports N123.7 billion in forex losses, net assets wipes out in one fell swoop

Orimix Times July 31, 2023

Nestle Nigeria Plc reported a pre-tax loss of N86.5 billion in the second quarter...

2023 Q2: UAC reports forex gains of N3.5 billion, contributes 87.5% of profits

Orimix Times July 31, 2023

UAC Pls released its 2023 half-year earnings showing pre-tax profits of N4 billion versus...

NASCON

NASCON board gives green light to merger with Dangote Sugar Refinery

Orimix Times July 31, 2023

NASCON Allied Industries Plc’s Board of Directors, last week, approved a plan to merge...

Equity

How 39 equities appreciate on the Nigerian bourse last week against 73 last week

Orimix Times July 30, 2023

A total of 39 equities appreciated in price on the Nigerian bourse during the...