admin

Investors are Dumping MTN Nigeria over Earnings Disaster
adminMarch 2, 2024
Investors are Dumping MTN Nigeria over Earnings Disaster Equities investors are dumping MTN Nigeria Plc shares following huge losses sustained in 2023. The company posted more than N137 billion lost…Read More
Nigeria Slams $10bn Fine on Binance for Naira Manipulation
adminMarch 2, 2024
Nigeria Slams $10bn Fine on Binance for Naira Manipulation Nigeria’s government has fined cryptocurrency trading platform Binance $10 billion following its illegal dealing in the currency, the naira. This was…Read More
Airtel Africa Begins Mopping Up Shares to Reduce Capital
adminMarch 2, 2024
Airtel Africa Begins Mopping Up Shares to Reduce Capital Airtel Africa has commenced a share buy-back programme as the company seeks to reduce its share capital in 2024, according to…Read More
MTN Nigeria’s Very Huge Loss Damaged Balance Sheet
adminMarch 2, 2024
MTN Nigeria’s Very Huge Loss Damaged Balance Sheet MTN Nigeria Communications Plc posted a huge loss as a result of its large foreign currency exposure, details from its audited financial…Read More
Nigerian Companies Experienced Salaries Payment Difficulties
adminMarch 2, 2024
Nigerian Companies Experienced Salaries Payment Difficulties The Nigerian private sector recovery gathered momentum at the start of 2024, with rates of expansion in output and new orders accelerating sharply, according…Read More
Naira Exchange Rates Gap Collapse to N40
adminMarch 2, 2024
Naira Exchange Rates Gap Collapse to N40 As the naira starts to heal from multiple pressures, the gap between official and parallel market exchange rates has reduced to N40, according…Read More
Lafarge Africa Profit Slides to N54bn in 2023
adminMarch 2, 2024
Lafarge Africa Profit Slides to N54bn in 2023 Lafarge Africa grew revenue by 8.6% year on year to N405.50 billion in 2023 from N373.25 billion in financial year 2022. The…Read More
Ex-Minister Agunloye Sues EFCC & AGF, Demands N1bn Over ‘Unlawful’ Wanted List Publication
adminMarch 2, 2024
Olu Agunloye, a former Minister of Power and Steel under ex-President Olusegun Obasanjo, has filed a N1 billion suit against the Economic and Financial Crimes Commission (EFCC) over allegations that…Read More
Savannah Bank Re-Licensed For Operation, Not Liquidated — NDIC
adminMarch 2, 2024
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that Savannah Bank, one of the Nigerians’ oldest banks, has not been liquidated. It, however, said though its license was withdrawn, it…Read More
Food Ration Cut Sparks Inmate Protest At Jos Prison
adminMarch 2, 2024
The protest over nationwide hardship hit the Correctional Center in Jos, Plateau State capital, on Friday as inmates staged a protest over plan to reduce their food ration, Daily Trust…Read More
March 7 Set For Public Hearing On New National Minimum Wage
adminMarch 2, 2024
The Tripartite Committee on the National Minimum Wage has called for the participation of stakeholders in proposing and implementing a new minimum wage for Nigerian workers. The Chairman, National Salaries,…Read More
José Peseiro Parts Ways With Nigeria After AFCON Heroics
adminMarch 2, 2024
Portuguese manager, Jose Peseiro, has confirmed his exit as manager of the Super Eagles after his contract officially expired on Thursday. Peseiro who led the Eagles to a second-place finish…Read More