Omatek Ventures Struggles with Deepening Losses Despite Revenue Surge
Revenue Growth Fails to Offset Mounting Losses Omatek Ventures Plc has reported a 464% increase in revenue, reaching ₦6.27 million for the year ending December 31, 2024. This sharp growth,…
Fidson Healthcare Plc Reports Strong Financial Performance for Year End 2024
Fidson Healthcare Plc, a leading pharmaceutical company in Nigeria, has reported a significant increase in revenue and profitability for the fiscal year ended December 31, 2024. The company experienced a…
Oando PLC Reports 45% Revenue Growth in 2024, Posts ₦65.5 Billion Profit After Tax
Oando PLC, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, has announced its unaudited results for the twelve-month period ending December 31, 2024. The…
New Month, Same Bullish Trend: NGX Meristem Growth Index Leads Gains
Market Overview The Nigerian stock market commenced the new month on a bullish note, with the NGX Meristem Growth Index leading the charge among indices. The index recorded an impressive…
Nigerian Stock Market Performance – February 03, 2025
Overview of Market Trends The Nigerian stock market witnessed a mix of gains and losses on February 03, 2025. The NGX All Share Index recorded a slight increase of 0.13%,…
The Trade War of 2025: U.S. Tariffs and Global Retaliation
The economic and political landscape of 2025 has been significantly shaped by a new wave of protectionist policies introduced by the Trump administration. On February 1, 2025, the United States…
Conoil Plc – 2024 Financial Summary
(Financial Statements for the Year Ended 31st December 2024) Key Financial Metrics Conoil Plc achieved remarkable revenue growth of 60.5%, reflecting increased sales in petroleum products, benefiting from heightened demand,…
WAPIC: Riding the Insurance Wave to a 228% Return!
Overview: Wapic Insurance Plc’s Breakout Year Wapic Insurance Plc (WAPIC) has emerged as a top-performing stock in Nigeria’s insurance sector, delivering an impressive 228% return over the past year. This…
Tourist Company of Nigeria Plc – 2024 Financial Summary
(Financial Statements for the Year Ended 31st December 2024) Key Financial Metrics Tourist Company of Nigeria Plc experienced moderate revenue growth in 2024, primarily fueled by higher room occupancy, increased…
Nigerian Stock Market Performance on January 31, 2025
The Nigerian Stock Exchange (NGX) saw a mix of gains and losses on January 31, 2025, with major indices reflecting the broader market sentiment. Investors navigated macroeconomic challenges and sector-specific…