In recent weeks, the Central Bank of Nigeria (CBN) has taken an essential step towards strengthening the durability and stability of the nation's banking sector with its most recent revision of the mi...
It has been reported that Indorama Eleme Fertiliser and Chemicals Limited, a Nigerian company, and the African Development Bank have concluded a $75 million loan agreement. The bank made this announce...
Nigerian stock investors lost N252 bn at the close of Thursday trading as the Nigerian Exchange sustained its bearish trading on Thursday.So far, the market has witnessed a combined loss of N467bn bet...
It has been recently announced that an American business has been ordered by a US court to pay an arbitral award of £343,750.91 to BUA International Limited.The order was granted to Domtec Internatio...
The Nigerian Stock Exchange finished Wednesday negatively, leading market capitalisation down. The NGX All-Share Index (ASI) declined 336.82 points, representing a 0.32% decline, to close at 104,...
A recent report revealed that the naira has continued to strengthen against the US dollar as it re-recorded a positive move on Wednesday, much to the delight of Nigerians, both at the official foreign...
In a recent announcement, Nigerian Breweries Plc declared it would use a rights issue to raise up to N600 billion.The decision to raise capital was made at Tuesday's Board of Directors meeting, accord...
Notore Chemical Industries Plc, one of Africa's biggest and leading fertiliser and agro-allied companies, recently announced that its total revenue was N21.55 billion for the fiscal year ending Decemb...
It was reported that after the Central Bank of Nigeria unified the foreign exchange market, International Breweries Plc reported a loss of N70.03 billion for fiscal year 2023, up from N21.63 billion t...
Cadbury Nigeria Plc, a consumer goods company, has announced that it will not pay dividends to its shareholders for the 2023 fiscal year because it suffered a huge loss of N19.09 billion after taxes.A...