Flour Mills of Nigeria swings to pretax loss, cuts dividend
Flour Mills of Nigeria, a food and agro-allied company, reported a loss before tax of N236.68 million for the year
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Nigeria says OPEC+ cuts won’t distract efforts to boost output
Nigeria, a member of the Organization of the Petroleum Exporting Countries (OPEC), has said the production adjustment by the group
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Naira extends gain as weekly forex liquidity hits $1.82bn
The naira strengthened further this week as the turnover in the official foreign exchange market rose by more than a
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Umeoji takes up office as Zenith Bank’s first female CEO
Adaora Umeoji has assumed office as the first female group managing director and chief operating officer of Zenith Bank Plc.
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AIICO Insurance posts sevenfold jump in quarterly profit
AIICO Insurance Plc has reported a profit before tax of N10.08 billion for the first three months of this year,
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Our focus is now on completing NAOC acquisition – Oando boss
Wale Tinubu, group chief executive of Oando Plc, has said the indigenous energy group is now focused on completing the
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Oando swings to profit as non-operating income surges
Oando Plc, a major player in the Nigerian oil and gas sector, has returned to profitability as its other operating
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Otedola’s Geregu Power partners Siemens to raise capacity by 765MW
Geregu Power Plc, a power generation company chaired by billionaire tycoon Femi Otedola, has struck a partnership with Siemens Energy
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Indonesia imported $3.8bn worth of Nigerian oil and gas in 2023 – Envoy
The Republic of Indonesia imported over $3.8 billion worth of oil and gas from Nigeria in 2023. Usra Hendra Harahap,
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Access Holdings chair Aig-Imoukhuede gets lifetime achievement award
Aigboje Aig-Imoukhuede, chairman of Access Holdings Plc and Coronation Group, has been honoured with the African Banker Lifetime Achievement Award.
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