Nigerian Breweries Posts N57bn Loss, Blames Weaker Naira, Rate Hikes
Nigerian Breweries, one of the biggest brewers in the country, posted a net loss of N57.19 billion in the third
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Access Holdings Posts Higher Profit as Interest Income Doubles
Access Holdings Plc, the parent company of Access Bank Plc, reported a profit before tax of N126.82 billion for the
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Transcorp Hotels’ Profit More Than Doubles as Revenue Rises
Transcorp Hotels reported a profit before tax of N2.02 billion for the third quarter of this year, up from N922.65
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Nigeria to Vaccinate 7.7 Million Girls to Avert Cervical Cancer
Nigeria has introduced the human papillomavirus (HPV) vaccine into its routine immunisation system, aiming to reach 7.7 million girls. This
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Drop in FX Market Liquidity Worsens Naira’s Weakening
The liquidity in Nigeria’s official foreign exchange market dropped by more than a third last week, exacerbating the depreciation of
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Unilever Nigeria Swings to Profit in Q3 as Revenue Rises
Unilever Nigeria Plc reported a profit before tax of N389.3 million in the third quarter of this year, compared with
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Dollar Now Costlier Than Euro as Naira’s Street Value Sinks
The United States dollar is now stronger than the euro on the Nigerian parallel market as the naira extended its
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Israel Risks Moody’s Downgrade as War With Hamas Gets Messier
Moody’s Investors Service has placed the Government of Israel’s A1 long-term foreign-currency and local-currency issuer ratings on review for downgrade.
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Geregu Power’s Quarterly Profit Soars More Than Sevenfold
Geregu Power Plc, one of the electricity generation companies in Nigeria, reported a profit before tax of N5.86 billion for
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Moody’s Assigns First-time Caa1, Baa3.ng Ratings to Dangote Sugar Refinery
Moody’s Investors Service has assigned a first-time Caa1 corporate family rating, and Baa3.ng national scale rating corporate family rating to
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