UAC Completes Acquisition of CHI, Maker of Chivita, Hollandia
The Federal Competition and Consumer Protection Commission (FCCPC) has approved the sale of Chivita|Hollandia (CHI Limited) by Coca-Cola to UAC
Read more
Economics
CBN’s First Rate Cut Since 2020 Hailed as ‘Well-Timed Policy Shift’
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) for its decision
Read more
Nigeria Central Bank Lowers Interest Rate for First Time Since Sept 2020
The Monetary Policy Committee of the Central Bank of Nigeria decided on Tuesday to reduce its benchmark interest rate, also
Read more
Kenya Upgraded by S&P on Reduced External Liquidity Risks
S&P Global Ratings has raised its long-term sovereign credit rating on Kenya to ‘B’ from ‘B-‘ and assigned a stable
Read more
Nigeria’s TICAD Participation Not Focused on Trade Expos, Says Presidency Amid ‘Empty Booth’ Claim
The Nigerian presidency has said the trending social media narrative about an empty booth labelled ‘NIGERIA’ at the ongoing 9th
Read more
[OPINION] What Does ‘the Economy Is Stable’ Mean?
By Yemi Kale I try to stay away from unnecessary debates but let me offer my own view from a
Read more
Oando Picks Folasade Ibidapo-Obe to Replace Ayoola Jagun as Company Secretary
The board of directors of Oando Plc has announced the appointment of Folasade Ibidapo-Obe as the new chief compliance officer
Read more
Dangote Opens Largest Cement Plant Outside Nigeria in Côte d’Ivoire
Dangote Industries Limited has opened its second largest cement plant in Côte d’Ivoire, with a capacity of 3 million tonnes
Read more
Dangote Industries GMD Alake Invests N1bn to Boost Stake in Cement Subsidiary
Olakunle Alake, the group managing director of Dangote Industries Limited, has boosted his stake in the conglomerate’s cement subsidiary. Alake,
Read more
Mr Bigg’s Stuck in Doldrums as Half-Year Loss Widens to N780m
Mr Bigg’s, a once-thriving fast-food restaurant, saw its loss in the first six months of this year deepen to N780
Read more