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Daily Business News Brief – February 14th, 2023

14
Feb


MRS Oil Nigeria Plc posts N1.42 billion profit for 2022 – Nairametrics
 
MRS Oil Nigeria Plc has released its financial report for the year 2022 which it said was prepared with the International Financial Reporting Standard …………………..Read More

BUA Foods Plc: taking count … One year after listing – Nairametics
 
In November 2021, BUA Group unveiled BUA Foods, a new entity under which the Group consolidated its five food businesses comprising sugar, rice, flour, pasta, and edible oil……………….……..Read More

SEC, NAIC to Partner on Commodities Trading Ecosystem – Thisday
 
The Securities and Exchange Commission (SEC) has stated its readiness to partner with the Nigerian Agricultural Insurance Corporation (NAIC) in a bid to further deepen the commodities trading ecosystem.Director General of the SEC, Mr. Lamido Yuguda stated this during a meeting with the Management of NAIC in Abuja recently……………..……..Read More

Sterling Bank, group sign N10bn deal – Punch
Sterling Bank Plc said it has signed a partnership agreement with Credit Café Africa for the distribution of a credit facility template, insurance and other value-added services for existing and potential customers of the bank in the health and education sectors of the economy …………….……..Read More

DMO raises N724.9bn in February bond auction – Punch
The Debt Management Office has announced that it raised N724.9 billion in February 2023 Federal Government bond auction. DBO said it was a 100% increase compared to the previous year. The auction, which was held on February 13, 2023, saw a total of 577 bids worth N724.9 billion received for the total amount offered of N360 billion…………….……..Read More
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