On Tuesday, the Dangote refinery announced that aviation fuel and diesel prices would now sell for N980 and N940 per litre, respectively.This follows the company's announcement last week that it would...
It has been reported that International Breweries' majority shareholder, AB InBev Nigeria Holdings BV, has accepted a $379.9 million loan from the company's shareholders to help it repay a loan it rec...
The federal government has announced the Presidential Intervention Fund for Micro, Small, and Medium-Sized Enterprises and Manufacturers in Nigeria, valued at N200 billion.The minister of industry, tr...
On Monday, data from the FMDQ securities exchange revealed that the naira's value at the official foreign exchange market declined to N1,234 against the US dollar.According to the exchange rate, the n...
Unilever Nigeria Plc recently released its unaudited interim report for the three months ended March 31, 2024. The company's turnover during this period was N32.3 billion, which signifies a 58% increa...
According to the Securities and Exchange Commission, approximately N2.36 trillion in discretionary and non-discretionary funds are under custody following changes in Nigeria Collective Investment Sche...
The Kenyan Police Service has announced the arrest of a famous Binance envoy, Nadeem Anjarwalla, who went missing from where he was held in custody for weeks now. However, following the arrest, the In...
It has been reported that shareholders of Access Holdings Plc, during its last Annual General Meeting (AGM), held in Lagos State, Nigeria, approved the $1.5 billion capital raise on Friday last week. ...
First Bank of Nigeria Holdings (FBNH) recently appointed Mr. Olusegun Alebiosu as its acting CEO.The announcement was made public on Sunday evening after the bank confirmed Alebiosu's appointment in a...
The International Monetary Fund recently released statistics showing that Nigeria's economy, the largest in Africa in 2022, is projected to drop to fourth place this year due to a series of currency d...