Naira weakness spurs Unilever, Cadbury, Guinness to boost exports
By Mary Adenike Several multinationals operating in the Nigerian fast-moving consumer goods sector increased their exports to other African countries
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Nigeria’s e-transaction growth slowed in 2024 on banks’ service disruptions
By Mary Adenike The service disruptions occasioned by infrastructure upgrade by several Nigerian banks last year dampened the growth of
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Trump’s tariffs trigger trade war as Canada, Mexico, China vow retaliation
Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures, after President Donald Trump followed through on
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Dangote refinery cuts petrol price to N890
Dangote Petroleum Refinery has reduced the price at which it sells petrol to marketers to N890 from N950, effective from
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Naira gains as weekly dollar liquidity surges 216% on FX code
The naira rose 2.08 percent against the dollar this week as the greenback’s liquidity in the official foreign exchange market
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Access Bank brings ex-NSIA boss Uche Orji on board
Access Holdings Plc has announced the appointment of Uche Orji as an independent non-executive director of its flagship subsidiary, Access
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Oando poised for ‘aggressive drilling programme’, says CEO Wale Tinubu
Oando, a major indigenous energy operator in Nigeria, says it will execute “aggressive drilling programme” to boost its oil and
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Nigerian bourse delists two firms as ‘securities no longer suitable’
The Nigerian Exchange Limited (NGX) announced on Friday that the securities of Tourist Company of Nigeria Plc and Union Homes
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Airtel Africa’s nine-month profit soars to $248m in recovery from losses
By Joseph Olaoluwa In a major comeback from heavy losses triggered by naira devaluations, Airtel Africa reported a profit after
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Cedar Money secures $9.9m to boost cross-border payments with stablecoins
By Joseph Olaoluwa Cedar Money, a fintech startup utilising stablecoins for cross-border payments, has announced a $9.9 million seed funding
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