Amperion Power Distribution Company Limited, the majority shareholder in Geregu Power Plc, offloaded a million units of its holdings on Monday, 21, 2023, in what it calls a cross-deal stock sale.A cor...
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...
Investors at the Nigerian Stock Exchange saw a net gain of N144 billion at the close of the market last week, which was attributed to the positive global sentiments that pushed investors across the ma...
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...
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...
The World Bank which is considered as the largest bank in the world has finally released $299.99 million to Nigerians out of the $800 million that was approved for the National Social Safety Net Progr...
Oando Plc recently signed a deal worth $800 million in partnership with the African Export and Import Bank (Afreximbank) at the ongoing Intra-African Trade Fair that took place in Cairo, Egypt.In a tw...