BUSINESS
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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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Why FG approved 300% electricity tariff hike from N68/KwH to N225
The Nigerian Electricity Regulatory Commission, NERC, has approved an increase of electricity tariff to N225 ($0.15) per kilowatt-hour from N68. This…
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Moniepoint unveils new feature to combat fraud, enhance inclusion
Moniepoint, a microfinance bank (MFB), has unveiled a new Unstructured Supplementary Service Data (USSD) service to combat fraud and enhance…
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Cadbury Nigeria posts N19.09bn loss in 2023
Cadbury Nigeria Plc has announced a loss of 3,374 per cent for the year ended Dec.31, 2023, as it recorded…
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