NewsDirect

NewsDirect

NDPHC restores 800mw to power grid

The Niger Delta Power Hoiding Company (NDPHC), is sorting out knotty issues to facilitate re-injection of about 800 Megawatts, MW, of electricity into the national power grid. This is expected to happen soon as part of the ongoing joint efforts…

Equities market declines by 0.20 per cent

By Philemon Adedeji The stock market on the Nigerian exchange limited (NGX),which opened the week on negative note still continues for the second day of the week on negative note amidst sell-offs and buy-interests as the benchmark All Shares Index…

Nestle, others declare dividend in 2022

As Nigerian companies begin to report their 2021 full-year profit and revenue, we also see notifications of dividend declaration and payments to shareholders, which are paid out of the company’s profits and/or retained earnings. Out of 21 quoted FMCGs on…