Nestlé Nigeria Plc's recent report shows a revenue growth of 43.4% to N183.5 billion in the first quarter of 2024.The Company's unaudited Q1 results for the period ended March 31, 2024, were released...
The federal government recently announced that the bidding process for the 2024 oil round has begun. Twelve oil and seven deep offshore blocks from the previous round are for sale.The Nigerian Upstrea...
According to data from BusinessDay, Stanbic IBTC Holdings Plc's generated profit in the first quarter (Q1 2024) of this year was the highest in at least 13 years.In the first quarter of 2023, its pre-...
Yesterday, it was reported that the Central Bank of Nigeria (CBN) had increased the exchange rate used to calculate tariffs and import duties collected at airports and seaports.This development comes ...
Nigerian Exchange Group Plc's shareholders at the 63rd Annual General Meeting (AGM), held in Lagos yesterday, approved, among other important resolutions, the management's plan to raise N10 billion th...
A.P. Moller-Maersk, a Danish shipping and logistics company, recently announced its plans to invest $600 million to strengthen Nigerian ports' port infrastructure and offer more container shipping ser...
Nigerian Breweries Plc recently reported its Q1 2024 report, highlighting that the brewing company recorded a total gross profit of N81.88 billion in the quarter ending March 31.This significant incre...
Yesterday, the Central Bank of Nigeria (CBN) increased the exchange rate for paying customs duties at the nation's seaports by 11.1% following the crash in the value of naira against the dollar in the...
Mr Akinwumi Adesina, the president of the African Development Bank, stated yesterday that non-transparent resource-backed loans threaten Africa's economic prospects because they make debt resolution m...
British International Investment, an impact investor and development finance institution based in the United Kingdom, has reported that it has entered into a risk-sharing agreement worth $100 million ...