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Unilever Nigeria to transfer tea business to new company

May 14, 2021May 14, 2021 Markets Reporters 0 Comments Unilever Nigeria tea business

Unilever Nigeria Plc announced on Friday that its Board of Directors had approved the steps required to implement the separation

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FEATURED Latest Stocks TOP STORIES 

Nigerian Breweries’ CEO steps down, successor announced

May 14, 2021May 14, 2021 Markets Reporters 0 Comments Hans Essaadi, Jordi Borrut Bel, Nigerian Breweries

Nigerian Breweries Plc has announced the resignation of its Managing Director/Chief Executive Officer, Mr Jordi Borrut Bel, effective July 30,

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FEATURED Latest Thinkpiece TOP STORIES 

Don’t let incompetence become your Titanic

May 13, 2021 Markets Reporters 0 Comments Harvey Mackay

By Harvey Mackay The Titanic was state-of-the art.  No expense had been spared to make sure that it would be

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Economics FEATURED Latest TOP STORIES 

Companies paid N393bn in taxes to Nigerian govt in Q1: NBS

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Company Income Tax, NBS

The company income tax paid to the Nigerian government rose to N392.77 billion in the first quarter of this year

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FEATURED Latest Technology TOP STORIES 

Airtel Africa’s profit rises as revenue hits $3.91bn

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Airtel Africa, Raghunath Mandava

Airtel Africa Plc reported on Wednesday a profit after tax of $415m for the year ended Mar. 31, 2021, up

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Economics FEATURED Latest TOP STORIES 

[UPDATED] TCN says Nigeria’s power grid restoration ongoing

May 12, 2021May 12, 2021 Markets Reporters 0 Comments power grid collapse in Nigeria, Transmission Company of Nigeria

The Transmission Company of Nigeria has said the restoration of the country’s power grid, which collapsed on Wednesday morning, is

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Economics FEATURED Latest TOP STORIES 

Nigeria’s debt-to-revenue ratio ‘alarmingly high’, says FDC

May 12, 2021May 12, 2021 Markets Reporters 0 Comments debt to revenue ratio, Financial Derivatives Company

While Nigeria has a low debt to GDP ratio of 34.4 percent, its debt to revenue ratio is alarmingly high

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FEATURED Latest Stocks TOP STORIES 

FSDH Funding SPV lists N12bn bonds on FMDQ Exchange

May 12, 2021May 12, 2021 Markets Reporters 0 Comments FMDQ Exchange, FSDH Funding SPV, FSDH Merchant Bank

FMDQ Securities Exchange Limited has announced the approval of the listing of the FSDH Funding SPV Plc N7.05 billion Tranche

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Economics FEATURED Latest TOP STORIES 

Fitch revises Nigeria’s outlook to stable, says challenges remain

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Fitch Ratings, Nigerian economy

A global credit rating agency, Fitch Ratings, said it had revised Nigeria’s outlook to stable from negative. It said in

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FEATURED Latest Stocks TOP STORIES 

FMDQ Exchange admits Coronation Merchant Bank’s CPs

May 10, 2021May 10, 2021 Markets Reporters 0 Comments Banjo Adegbohungbe, Commercial paper, Coronation Merchant Bank

FMDQ Securities Exchange Limited has approved the quotation on its platform of the Coronation Merchant Bank Limited N0.71 billion Series

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