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Companies
Evercore Says Apple Sell-Off Is Overdone, Sees Strong Support At Current Levels
Apple stock remains one of the very few underperformers among Big Tech companies in 2024, losing roughly 10% year-to-date.
However, Evercore ISI analysts believe the sell-off in the iPhone maker’s shares may be “overdone.”
The broker…
Union Bank Urges Inclusivity, Empowerment At 2024 International Women’s Day Celebration
Union Bank of Nigeria has re-emphasised its advocacy for an equitable and inclusive society devoid of biases, stereotypes, and discrimination.
This assertion was made at a special event hosted by the Bank to commemorate this year’s…
OpenAI’s Success Has Put A Huge Target On Its Back
OpenAI is the world’s hottest startup. It not only set the stage for the generative AI explosion thanks to the launch of its ChatGPT in November 2022, but it’s also powering Microsoft’s (MSFT) push into the space via a multiyear,…
Sterling Bank, EAS Plan Conference To Equip SMEs In Export Business
Sterling Bank Ltd has entered a pact with Export And Sell Nigeria Limited (EAS), a leading international trade consultancy to organise the "Export to Wealth" conference during which they will provide practical tools and resources for…
MTN Nigeria Declares N137bn Loss In 2023 As Naira Devaluation Bites
MTN Nigeria Communications Plc has announced a N137 billion loss in its audited result and accounts for the period ended December 31, 2023, from N348.73 billion profit declared in 2022, attributable to the naira devaluation policy of the…
Dangote Cement Reports N553.10bn Profit In 2023
Dangote Cement Plc has announced to the investing public that its profit before tax increased to N553.10 billion in the financial year ended December 31, 2023, representing an increase of nearly six per cent from the N524 billion reported…
BUA Cement Reports 31.2% Profit Dip On N69.96bn FX Loss
BUA Cement Plc has announced a 31.2 per cent drop in profit triggered by N69.96 biillion foreign exchange losses in financial year result and accounts for the full year ended December 31, 2023.
The cement manufacturing company declared…
Lafarge Africa Profit Dips 4.7% To N51.14bn
Lafarge Africa Plc has announced a 4.7 per cent decline in profit to N51.14 bllion according to its audited result and accounts for the full year ended December 31, 2023 from N53.65 billion reported in 2022.
The cement maker saw its…
WeightWatchers Shares Drop As Oprah Winfrey Decides To Exit Board
Shares of WW International, also known as WeightWatchers, took a pounding on Thursday after the company disclosed that media icon Oprah Winfrey will exit its board later this year.
The loss of the hugely popular public figure from its…
Cutix Plc Celebrates Staff At Long Service Award Ceremony
Cutix Plc recently honoured over 360 individuals for their dedicated service to the company over the past four decades.
The event, held in Nnewi, Anambra State, recognized employees, distributors, both former and current directors,…