Nestle Nigeria returns to quarterly profit as revenue surges 95%
Nestle Nigeria Plc, a major fast-moving consumer goods company, swung to a profit after tax of N19.7 billion in the
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Nestle Nigeria posts wider loss of N165bn on naira weakness
Nestle Nigeria, a major fast-moving consumer goods company, has reported an annual loss for the second time in 2024 largely
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Flutterwave expands into Zambia with payment system licence
Flutterwave, an African payments technology company, has officially secured a payment system licence to operate in Zambia. A statement on
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[BREAKING] Dangote refinery cuts petrol price for second time in February
Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of petrol to N825 per litre from N890,
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Trump dismantles Power Africa meant to boost electricity in Nigeria, others
An initiative by the United States to increase electricity supply in Africa has been dismantled by U.S. President Donald Trump’s administration
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Nigeria’s economy grows at faster pace in 2024
Nigeria’s economy expanded by 3.4 percent last year, compared to a growth rate of 2.74 percent in 2023, new official
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NLNG shuts down four of six trains, says CEO
Nigeria LNG (NLNG), the country’s biggest gas exporter, has shut down four of its six trains as three pipelines supplying feedstock
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Flutterwave joins forces with NITDA to equip Nigerian small businesses
Flutterwave, an African payments technology company, has announced a strategic partnership with the National Information Technology Development Agency (NITDA) to
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[BREAKING] Nigeria in talks with firm for $20bn investment: Oil minister
Heineken Lokpobiri, Nigeria’s junior oil minister, has said the country is in talks with an undisclosed firm aiming to invest
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Foreign investors dump Nigerian stocks worth N46bn in January
Foreign investors sold Nigerian stocks valued at N45.85 billion last month, compared to a withdrawal of N40.49 billion in December,
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