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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...
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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...
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Nigerian Army Crushes Major Gun-Running Syndicate, Foils Multiple Kidnapping Plots
Taking a look at multiple operations, the Nigerian Army made significant advances in the fight against terrorism and kidnapping in...
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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...
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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...
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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...
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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...
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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...
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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...
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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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