Author: GTI Research


Hike in Cost of Sales Plunges UPDC Loss to N1.04bn

21 ViewsUPDC Plc continued to sink in losses following its hike in cost of sales and credit loss expenses that eroded profits in its unaudited result and accounts for nine months ended September 30,...


No reprieve for Naira yet as rate hovers around N570/$1

20 ViewsAs demand for foreign exchange continues to surge ahead of December purchases, there seem to be no respite for the Naira yet against and the US dollar with the Nigerian currency  still trading at N570/$1,...


Piracy on Nigerian waters falls by 77%, says NIMASA

17 ViewsThe Nigerian Maritime Administration and Safety Agency has said the country has witnessed its lowest level of piracy since 1994, with piracy dropping by 77 per cent. NIMASA disclosed this in a statement...