Diageo set to exit Guinness Nigeria, signs deal with Tolaram
Tolaram, a holding company headquartered in Singapore, signed an agreement on Tuesday to acquire Diageo’s 58.02% shareholding in Guinness Nigeria.
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Economics
Nigeria’s foreign reserves extend rise, hit two-month high
Nigeria’s foreign reserves rose further last week, hitting the highest point in two months. The foreign reserves stood at $32.8
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Tinubu’s government risks repeating past mistakes: Capital Economics
The President Bola Tinubu-led government is at risk of repeating previous mistakes made by his successor as the country’s fiscal
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Nigeria’s GDP could gain $35bn from global malaria fight – Report
The GDP of Nigeria could rise by $35 billion if the UN target to significantly reduce malaria by 2030 is met –
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Africa’s remittance market seen reaching $500bn by 2035
The remittance market in Africa could be worth $500 billion by 2035, with mobile money seen as a game-changer in
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Global public debt nears $100trn, spurs call for urgent action
Global public debt reached a historic peak of $97 trillion in 2023, up by $5.6 trillion from the previous year,
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[BREAKING] Tinubu agrees to increase proposed N60,000 minimum wage
President Bola Tinubu has agreed to increase the proposed new minimum wage of N60,000 after labour unions embarked on an
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Flour Mills of Nigeria begins exports to neighbouring countries
Flour Mills of Nigeria, a food and agro-allied company, said it had started exporting its products to neighbouring African countries,
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Nigeria’s foreign reserves surpass one-month high
After plunging to $32.1 billion in April, Nigeria’s foreign reserves have risen to the highest in more than a month.
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Nigeria’s economic growth slows to 2.98% in Q1
Nigeria’s economy grew at a slower pace in the first three months of this year compared to the previous quarter,
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