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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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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