Cadbury Nigeria Plc has announced a revenue growth of N59.2 billion for the first nine months of 2023, which ended on September 30, 2023.The firm's revenue increased by 39% over N42.54 billion, record...
The International Air Transport Association disclosed yesterday that funds trapped by foreign carriers operating in Nigeria and other African countries have reached $1.68 billion. This was announ...
Nigerian Breweries Plc has announced its plans to acquire two subsidiaries of Heineken worth a value of about N7.01 billion to strengthen the operations of Heineken and its subsidiaries in Nigeria.Nig...
The Ministry of Power has disclosed that the federal government has sealed a contract worth $2.2 billion for a solar PV deal with Sun Africa. This development was announced by the Minister of Power, B...
The Court of Appeal today in Abuja nullified the election of the Governor of Kano State, Abba Kabir Yusuf. The verdict was acted upon by a three-member panel of justices that disclosed that Abba Kabir...
Nestle Nigeria recently released its foreign exchange for the first nine months of 2023, and it shows that the firm recorded a loss of N127.46 billion, far from the corresponding year that settled at ...
MultiChoice Group Ltd. has announced its third consecutive semi-annual loss and blamed the financial challenges it witnessed on foreign exchange in Nigeria (naira devaluation) and steady power outages...
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On Thursday, the foreign exchange (FX) market opened with the dollar trading at N1,135 at the parallel market. This rate was the same as how the market closed on Wednesday.An operator in the black mar...
The United Bank for Africa (UBA) has assured the public of its commitment to deepening intra-African trade to achieve self-reliance and economic development.The bank encourages Africa to deliberate ab...
The Federal Government, in partnership with the Niger Delta Power Holding Company, has signed a Power Purchase Agreement with utility companies to distribute a total of about 250 MW across the federat...