BUA Partners Abu Dhabi Firms to Expand Footprint
BUA Group, AD Ports Group, and MAIR Group of Abu Dhabi have signed a strategic memorandum of understanding to explore
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Economics
EBRD President Visits Nigeria for First Time
European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso will travel to Nigeria this week, marking her first visit to a
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Nigeria’s Forex Market Liquidity Plunges 46% This Week
Liquidity in Nigeria’s foreign exchange market slumped by 46 percent this week, data from securities exchange FMDQ shows. The total
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Nigeria’s Biggest Brewer Swings to N99bn Profit After Two Years of Losses
The Nigerian Breweries has reported a profit after tax of N99.10 billion for 2025, compared with a loss of N144.88
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Frigoglass Hands Over Beta Glass to Helios Investment Partners After €100m Deal
Frigoglass Group has announced the successful completion of the sale of its Nigerian glass business to Helios Investment Partners (acting
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UAC Profit Hits Three-Year Low on N21bn Chivita, Hollandia Acquisition
UAC of Nigeria Plc saw its profit fall to the lowest level since 2022 last year, weighed down by hefty
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EBRD Supports Access Bank With $100m Facility in First Sub-Saharan Africa Investment
The European Bank for Reconstruction and Development (EBRD) has launched its first investment in Nigeria’s and the first in the
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Meet the 5 Powerful Women on Cadbury Nigeria’s Female-Dominated Board
Five of the seven members of Cadbury Nigeria’s board of directors are women. They are Folake Ogundipe, interim managing director;
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Afreximbank Cuts Credit Rating Ties With Fitch Months After Downgrade
The African Export-Import Bank (Afreximbank) has terminated its credit rating relationship with Fitch Ratings, more than seven months after a
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BUA Cement, Dangote’s Biggest Rival, Eyes Additional 3 Million Tonnes in Expansion Push
BUA Cement, Nigeria’s second-largest producer of the building material after Dangote, is looking to expand its production capacity by 3
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