BUSINESS
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NGX weekly report: VDF lists additional shares, market capitalisation declines to N58.5trn
VDF Group Plc has listed an additional 63.342 million ordinary shares of 50k each per share on the daily official…
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CIBN posts historic N1.37bn profit, elects 23rd president
The Chartered Institute of Bankers of Nigeria (CIBN) has announced a historic net operating surplus of N1.37 billion for 2023,…
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NNPCL resolves supply hitch in Lagos
The management of the Nigerian National Petroleum Company Ltd.(NNPCL) has attributed the insufficient supply of petroleum products to some filling…
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Electricity tariff hike bad for businesses – Abuja Chamber of Commerce
The Abuja Chamber of Commerce and Industry (ACCI), has expressed concern over the recent increase in electricity tariffs, saying it…
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LCCI urges CBN to reconsider MPR hike stance
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to reconsider its monetary…
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Afreximbank introduces policy research paper series
African Export-Import Bank (Afreximbank) has introduced the Afreximbank Policy Research Working Paper Series (APRWPS). Consequently, the ban is inviting authors…
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Financing is major constraint of accelerated transformation in Africa – AfDB
Prof. Kevin Urama, African Development Bank’s (AfDB) Chief Economist, says financing has remained the major constraint of accelerated transformation in…
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Unilever Nigeria’s total assets decline by 7.82%
Unilever Nigeria Plc on Wednesday said that its total assets decreased to N116.30 billion as at Dec. 31, 2023. The…
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Nigerian Breweries to raise N600bn capital through rights issue
Nigerian Breweries Plc plans to raise up to N600 billion through a rights issue to address challenges posed by the…
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