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
Read moreNestle Nigeria, a major fast-moving consumer goods company, has reported an annual loss for the second time in 2024 largely
Read moreBy Mary Adenike Nigerians’ appetite for foreign education has been dampened as the high cost of sourcing dollars pushed up
Read moreNestle Nigeria, a major food and beverage company, said its liabilities surpassed assets at the end of last year because
Read moreNigerian Breweries, one of the biggest brewers in the country, posted a net loss of N57.19 billion in the third
Read morePresident Bola Tinubu’s heavy baggage is weighing on business confidence and investor risk appetite, analysts at the Financial Derivatives Company
Read moreThe Nigerian government is failing to shrug off its interventionist tendencies, months after a shift to orthodox economic policy, London-based
Read moreThe recent naira devaluation is credit negative for Nigeria’s nonfinancial companies with foreign currency-denominated debt and local naira cash flow,
Read moreThe demand for foreign exchange forward and futures contracts surged this week as the naira saw a significant decline against
Read moreThe annual inflation rate in Nigeria is expected to surge to more than 30 percent in coming months following the
Read moreWith the suspension of the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, a large devaluation of the
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