Lafarge Africa posts higher profit, sells stake in Ghanaian cement firm
Lafarge Africa Plc has reported a profit before tax of N23.98 billion for the second quarter of the 2021 financial
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Author: Markets Reporters
Loss of 611MW caused power grid collapse, says TCN
The Transmission Company of Nigeria has said the loss of 611 megawatts at two power stations caused the collapse of
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CBN begins refund of N35m deposit to BDC promoters
Following the discontinuance of foreign exchange sales to Bureau de Change operators, the Central Bank of Nigeria said on Thursday
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Naira crashes to all-time high of 525 against dollar
The Nigerian currency plunged to an all-time high of 525 against the dollar at the parallel market on Wednesday, a
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Multibillionaire Warren Buffett’s four rules for success
By Harvey Mackay I love to study creative and successful people. And who better than Warren Buffet, the Omaha multibillionaire
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Seplat Energy’s subsidiary raises $50m facility
Seplat Energy Plc, a Nigerian independent energy company, has announced that its wholly-owned subsidiary, Westport Oil Limited, has successfully raised
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FMDQ Exchange lists power firm’s N50bn green bond
FMDQ Securities Exchange Limited has welcomed the listing of the NSP-SPV PowerCorp Plc N6.33 billion Fixed Rate Series 2 Senior
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OPEC, others to meet Sunday, may resolve output dispute
The Organization of the Petroleum Exporting Countries and its allies plan to convene on Sunday, three delegates said, as an
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Nigeria faces unsustainable debt burden, says Rewane
The Managing Director of Financial Derivatives Company Limited, Mr Bismarck Rewane, has said Nigeria’s debt burden will become unsustainable as
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Naira weakens further to 506 against dollar
The Nigerian currency fell against the dollar at the parallel market on Friday to a new record low. The naira
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