Dangote Refinery Faces Crude Supply Challenges Amid Allegations and Regulatory Issues
Dangote Refinery, Africa's largest oil refinery, has recently disclosed ongoing challenges with securing an adequate crude oil supply for...
FCMB Asset Management Targets N100 Billion Fund to Boost Medium-Sized Enterprises
FCMB Asset Management is poised to raise N100 billion (approximately $63 million) over the next year to support medium-sized...
Airtel Africa; sharebuy back from citi group global markets!
On August 7, 2024, Airtel Africa announced the acquisition of 406,000 ordinary shares from Citi Group Global Markets as part...
AXA Mansard Reports Impressive Q2 Results with 57% Increase in Pre-Tax Profit
Recently, AXA Mansard released its unaudited financial statement for the second quarter of 2024. The company reported a pre-tax...
Central Bank of Nigeria Approves Merger of Providus Bank and Unity Bank
The Central Bank of Nigeria (CBN) has sanctioned the merger between Providus Bank and Unity Bank. In a statement...
Jumia Reports $20.2 Million Operating Loss in Q2 2024 Amid Revenue Decline
Jumia, Africa's e-commerce group, recently announced a $20.2 million operating loss for the second quarter of 2024, reflecting a...
Nationwide Unrest Erupts in the UK Following Tragic Attack in Southport
In recent weeks, the United Kingdom has witnessed significant upheaval, marked by protests, property damage, and civil unrest. This...
Nigerian Breweries PLC Reports First Half 2024 Financials Amid Economic Challenges
Nigerian Breweries PLC, a leading alcoholic beverage company in Nigeria, has recently released its unaudited financial statement for the first...
FCCPC Accuses Coca-Cola and NBC of Violating Consumer Protection Laws, Orders Remedies
The Federal Competition and Consumer Protection Commission (FCCPC) has accused Nigerian Bottling Company Limited (NBC) and Coca-Cola Nigeria Limited...
MTN Reports Financial Losses Amid Currency Depreciation and Inflation
MTN recently released its unaudited financial statement for the first half of 2024, covering the period from January to...
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