Guinness Nigeria pares losses as revenue rises 82%
Guinness Nigeria, a brewing company, saw its loss after tax for the six months ended December 31, 2024 decline compared
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Moniepoint secures investment from Visa months after unicorn status
Moniepoint Inc., one of Nigeria’s leading business payments and banking services platform, has secured an investment from Visa, a global
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CBN rate hikes fuelled inflation, says tax reform committee chair Taiwo Oyedele
Taiwo Oyedele, chair of the Presidential Committee on Fiscal Policy and Tax Reforms, said on Thursday that the monetary policy
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Transcorp Power’s annual profit jumps to N80bn
Transcorp Power Plc reported a 165 percent increase in its profit after tax for the 2024 financial year to N80
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International Breweries gets new company secretary
The Board of Directors of International Breweries Plc have appointed DCSL Corporate Services Limited (DCSL) as its company secretary, effective
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HOSTAFRICA gets bigger share of Nigerian web-hosting market with GO54 purchase
Joseph Olaoluwa HOSTAFRICA, a web-hosting company in Africa, has completed the acquisition of GO54 (formerly known as WhoGoHost), another operator
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Nigeria’s Oando wins Angolan oil block months after NAOC acquisition
Oando Plc says its upstream subsidiary, Oando Energy Resources, has been awarded operatorship of Block KON 13 in Angola’s Onshore
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CEOs of FirstBank, Stanbic IBTC, IHS Nigeria join NESG board
The Nigerian Economic Summit Group (NESG) has announced the appointment of Mr Wole Adeniyi, Mr Mohamad Darwish and Mr Olusegun
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Nigerian fintech PalmPay sets sights on remittances in Asia expansion plan
This move aligns with a growing trend among African fintechs to tap into the global remittance market, particularly in Asia. Startups like LemFi and Leatherback have already begun offering services in low- and middle-income countries (LMICs) across the continent, which account for 75% of global remittance inflows.
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NNPC pins blame for Buguma wellhead fire on vandals
The Nigerian National Petroleum Company Limited (NNPC Ltd) has said the fire incident at its Buguma Wellhead 008, operated by
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