GO54 founder Opeyemi Awoyemi exits board after sale to South Africa’s HOSTAFRICA
The deal marks Awoyemi’s second successful exit as a founder, having previously founded and exited from Nigerian job board Jobberman.
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Risevest responds to SEC allegations, reassures customers of funds safety
By Joseph Olaoluwa Risevest, a Nigerian fintech that gives customers access to selected global investments, has offered clarification to customers
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GTCO’s market capitalisation tops N2trn for first time ever
Guaranty Trust Holding Company (GTCO), the parent of GTBank, saw its market capitalisation hit the N2 trillion mark on Monday
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Cadbury Nigeria’s annual loss narrows to N10bn as revenue surges
By Mary Adenike Cadbury Nigeria Plc, a fast-moving consumer goods firm, saw its financial performance improve in 2024, its unaudited
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Otedola’s fortune up $500m in one year while Dangote, others see decline
By Mary Adenike Within a year, the fortune of Femi Otedola, chairman of Geregu Power Plc and FBN Holdings Plc,
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FX forward contracts fall 100% as naira firms
There were no foreign exchange forward contracts this week as the naira was little changed against the dollar, data from
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IEI’s annual profit doubles after Norrenberger acquisition
International Energy Insurance Plc (IEI) reported a profit after tax of N1.78 billion for the 2024 financial year, up from
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South Africa overtakes Nigeria in dollar billionaires’ wealth
By Mary Adenike South Africa saw the wealth of its dollar billionaires surpass that of their Nigerian counterparts last year,
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More CEOs optimistic about global economic growth, PwC survey shows
By Mary Adenike Almost 60 percent of CEOs around the world expect global economic growth to increase over the next
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Guinness Nigeria taps Ajogwu to replace ex-minister Omobola Johnson as chair
Guinness Nigeria Plc has appointed Fabian Ajogwu, a professor and senior advocate of Nigeria, as its new chairman following the
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