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 ...
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...
Nigeria's inflation rate has been on a steady rise for months now, and the record for October reported by the National Bureau of Statistics (NBS) on Wednesday says that the country's inflation hits 27...
One of Nigeria’s long-lasting financial institutions, Union Bank of Nigeria, has announced its delisting from the Nigerian Stock Exchange (NGX) after 52 years of actively paying shareholders with wo...
The Nigerian Customs Service (NCS) has made some adjustments to its tariffs and duties to follow suit with the current foreign exchange rate.The updates made can be seen on the federal government’s ...
Nigeria experienced a technical glitch in the early hours of Saturday, November 11, 2023, which led to the omission of customer debt involving both airtime and data. This situation alone caused c...
A bill to amend the Central Bank of Nigeria Act scaled Second Reading at the House of Representatives on Thursday.On Thursday the House of Representatives went on the Second Reading for the amendment ...
The board of directors of PZ Cussons Nigeria Plc has announced the increment of the offer price for the planned buyback of the company’s shares from minority shareholders from N21 to N23 per unit.Th...
MTN Nigeria revealed that it is set to issue two series of commercial papers worth N52.895 billion. The telecommunication giant submitted a corporate notice with the NGX where it announced the Series ...
Despite the economic struggles, six banks in the Nigerian financial sector are reported to have gained profits by 214% to N2.06tn in the period that ended September 2023 when compared to the correspon...