The National Bureau of Statistics (NBS) reported Monday that Nigeria's annual inflation rate rose to 33.20% in March from 31.70% in February.According to the statistics office, the headline inflation ...
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...
In Q4 2023, it was gathered that Nigeria's public debt stock rose from N87.38 trillion (US$113.42 billion) in Q3 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter.The National Bur...
According to the National Bureau of Statistics (NBS) recent report for February 2024, the cost of bread, yam, white garri, beans, onions, beef, and other food items increased.It said this was in its S...
Last month, the major shareholder of PZ Cussons Holdings announced plans to buy out other shareholders, but this was pending regulatory approvals. On Tuesday this week, the Securities and Exchange Com...
The Nigerian economy has been reported to have slid below various projections to appear on a landscape highlighting negative growth despite different aggressive fiscal and monetary intervention reform...
The board of PZ Cussons Nigeria Plc has called for an extraordinary general meeting (EGM) of its shareholders following the company's N73.8 billion loss that brought the firm's net assets to a critica...
On Thursday, the National Bureau of Statistics (NBS) reported that the nation's annual inflation rate increased to 29.90% in January from the corresponding year, which finished at 28.92% in December 2...
It has been reported that shareholders of Cadbury Nigeria Plc have approved the conversion of an outstanding intercompany loan of $7.72 million (N7.04 billion) that was owed to its majority, Cadbury S...
PZ Cussons Plc, a multinational company, has announced that the firm recorded a £88.2 million foreign exchange loss due to the devaluation of the naira.Jonathan Myers the CEO of PZ Cussons Plc announ...