Cadbury Nigeria records N22bn loss
Cadbury Nigeria has recorded a N22.2 billion loss for the 2024 financial year. This is a one per cent decrease...
UBA to expand operations to Saudi Arabia, France in 2025
Africa’s Global Bank outlines roadmap for financial year, to focus on Innovation, Digital Transformation, Sustainability Africa’s Global Bank, United Bank...
Naira appreciates by 0.37% against dollar at official market
The Naira appreciated on Monday at the official market, trading at N1,531.19 to a dollar. Data from the Central Bank...
Full Year 2024: UBA grows profit to N804bn, declares N3.00 Kobo final dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended...
FAAC: FG, states, LGs share N1.678trn
The Federation Account Allocation Committee (FAAC) has shared N1.678 trillion among the Federal Government, states and the Local Government Councils...
Naira gains 1.9% to close at N1,517.93
The Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market. Data from...
Stock market declines further by N48bn
Trading activities on the Nigerian Exchange Ltd. on Wednesday closed on a negative note as the market capitalisation declining further...
Transcorp Group records outstanding growth in FY 2024; revenue increases by 107%, PBT by 132%
Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate, has announced its financial results for the year ended...
Dangote Group ‘paid N402.3bn tax in 2024’
The Pan African Conglomerate, Dangote Industries Limited (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion...
Naira gains as CBN sustains FX reforms
The Naira appreciated further at the official market on Monday, trading at N1,497.11 against the Dollar. Data from the Central...
CBN retains all monetary policy parameters in first MPC meeting for 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Thursday, voted unanimously to retain the Monetary...
Senate passes N54.9trn 2025 Appropriation Bill
The National Assembly, on Thursday, passed the N54.9 trillion 2025 Appropriation Bill. This followed the adoption of the report of...
Naira depreciates by 1.4% as CBN extends FX sales deadline
The Naira depreciated at the official market on Monday, trading at N1,495.60 to a dollar. Data from the FMDQ Security...
CBN extends FX sale period to BDCs
The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators...
CBN approves listing of CFA on NXP forms for export repatriation proceed
The Nigeria Export Promotion Council (NEPC) says that Central Bank of Nigeria (CBN) has approved CFA Franc to be captured...
Naira ends week stronger against Dollar, gaining N11.17
The Naira further appreciated in the official market on Friday, trading at N1,474.78 to the Dollar. Data from the...
Coca-Cola unveils packaging hub to address waste collection challenge
The Coca-Cola System in Nigeria, comprising of Coca-Cola Nigeria Ltd. and its authorised bottler, Nigerian Bottling Company (NBC), has unveiled...
Naira appreciates by 0.7% at official market
The Naira appreciated at the official market on Tuesday trading at the N1,522.68 to a Dollar. Data from the FMDQ...
CBN unveils new FX code to reform market practices
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, on Tuesday, unveiled a new Foreign Exchange (FX) Code to...
CBN Governor announces new Compliance Department, projects 4.17% GDP
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Thursday, announced plans to establish a Compliance Department...
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