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Cadbury Nigeria Plc Suffers N20.9 Billion Exchange Rate Loss
In the second quarter of 2023, Cadbury Nigeria Plc experienced a considerable setback, reporting a loss before tax of N17.9 billion. This is in stark contrast to the N800 million profit recorded durin...
National Identification Number (NIN) Enrolment Surpasses 101 Million
The National Identity Management Commission (NIMC) has recently released data revealing a significant rise in enrolment for the National Identification Number (NIN) in Nigeria. As of June 26, 2023, th...
Abbey Mortgage Bank Plc Forecasts Impressive Q3 Earnings and Achieves Growth in Wholesale and Retail Segments
Abbey Mortgage Bank Plc has set its sights on achieving N1.443 billion in gross earnings during the third quarter of 2023, according to the company's earnings forecast obtained from the Nigerian Excha...
Unilever Nigeria Plc Approves N1.44bn Dividend Payment at 98th AGM, Records 26% Growth in Turnover
At Unilever Nigeria Plc's 98th Annual General Meeting (AGM) in Lagos, shareholders approved the payment of N1.44 billion in dividends for the financial year that ended on December 31, 2022. Unilever N...
Top 10 African Countries with the Highest Savings in USD
Evaluating various economic indicators, such as savings, is essential to gauge a nation's financial strength. Gross savings, encompassing savings made by households, businesses, and the government, ca...