Price war with Dangote looms as BUA Cement announces 36% cut
BUA Cement announced a reduction of its ex-factory cement price to N3,500/bag effective October 2, 2023, down from N5,000-N5,500, raising
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Author: Markets Reporters
British oil firm swings to profit as Nigerian output rises
Savannah Energy Plc, a British independent energy company, swing to profit in the first half of the year as it
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FX futures markets sit idle amid naira freefall
With the naira’s depreciation showing no signs of abating amid the scarcity of dollars in Nigeria, the foreign exchange futures
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Nigeria risks losing gains from Tinubu’s policy shift: Capital Economics
The gains from Nigeria’s recent policy shift after President Bola Tinubu took office risk evaporating, Capital Economics has said. The
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How to improve your likability if you like doing business
By Harvey Mackay I was fascinated by a CNBC article about Jennifer Hyman, the CEO of Rent the Runway, who
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Zenith exits trillion-naira club, Stanbic enters. GTCO now most valuable bank
Zenith Bank has left the club of firms that boast at least N1 trillion in market value while Stanbic IBTC
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Research firm lists three African countries most likely to default on debts
Public debt risks will continue to be a key concern across Africa, with the threat of sovereign default highest in
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Doubts raised over Nigeria’s commitment to policy shift
The Nigerian government is failing to shrug off its interventionist tendencies, months after a shift to orthodox economic policy, London-based
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Oando to acquire Eni’s Nigerian unit, Agip
Oando Plc announced on Monday that it has reached an agreement with Eni for the acquisition of 100 percent of
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TotalEnergies’ Nigerian unit gets new CEO
Mr Matthieu Bouyer has been appointed the managing director/chief executive of TotalEnergies Upstream Companies in Nigeria and representative of TotalEnergies
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