Red Star Express grows quarterly profit by 77%
Red Star Express Plc, a courier and package delivery company, has posted a profit after tax of N119.77 million for
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Author: Markets Reporters
Blackout as Nigeria’s power grid suffers another collapse
Nigeria’s power grid suffered another system collapse on Sunday, the second time in just over two months, plunging homes into
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FG borrows more from CBN, now owes it N19tn
Despite growing concerns about its repeated recourse to central bank financing, the Federal Government borrowed N1.55 trillion from the Central
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Dollar scarcity deepens as Nigeria’s forex reserves hit seven-month low
The shortage of dollars in Africa’s biggest economy is worsening as its foreign exchange reserves have dropped to a seven-month
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Airtel Africa signs deals for tower sales in Chad, Gabon
Airtel Africa, a provider of telecommunications and mobile money services, has entered into memorandum of understanding agreements for the potential
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ExxonMobil agrees to sell more Nigerian assets to Seplat for $1.3bn
United States-based ExxonMobil announced on Friday that it had reached an agreement to sell its equity interest in Mobil Producing
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Nigeria needs to reduce debt sustainability risks, says IMF
The International Monetary Fund has said there is an urgent need for fiscal consolidation to create policy space and reduce
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Firms to build new sugar processing plant in Nigeria
Ellah Lakes Plc has announced a collaboration agreement with Montserrado Investment Ltd to build a sugar processing plant in Nigeria,
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GTCO completes acquisition of Investment One Funds Management
Guaranty Trust Holding Company Plc announced on Monday that it had completed the acquisition of 100 percent shares in Investment
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Airtel Africa subsidiary to redeem $504.92m bonds before maturity
Airtel Africa has announced that its subsidiary, Bharti Airtel International (Netherlands) B.V., has elected to redeem all of its 5.125
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