Unilever Nigeria Faces Major Shift As Parent Company Moves To Merge Foods Business With McCormick
Unilever Nigeria faces restructuring impact as parent company plans global foods merger with McCormick.
Unilever Nigeria faces restructuring impact as parent company plans global foods merger with McCormick.
Dollar wavers amid Middle East ceasefire uncertainty, rising oil prices, and shifting global investor sentiment.
NLNG reports N250bn tax contributions to Rivers, while Fubara urges renewed support to revive Bonny hospital and improve healthcare services.
Zinox warns import reliance exposes Nigeria, calls for local tech manufacturing to reduce vulnerability as global conflicts disrupt energy and supply chains.
NISO launches grid islanding to prevent nationwide outages, improves monitoring and reduces transmission losses as power sector reforms deepen nationwide.
NNPCL reports crude production surge to 1.84 million bpd in 2025, citing strengthened pipeline security and reduced oil theft nationwide.
TikTok invests €1 billion to build a second Finnish data centre, enhancing European user data protection and regulatory compliance.
NNPC exports first 950,000 barrels of Cawthorne crude, expanding Nigeria’s portfolio of high-value light sweet oil grades.
IATA warns jet fuel supply recovery will persist months after Hormuz reopening, as refinery disruptions keep aviation fuel costs elevated globally.
AfDB seeks innovative financing, naira facilities to mobilise investment and address Nigeria’s $2.3 trillion infrastructure deficit.
AltBank plans nationwide EV financing to formalise transport sector, boost incomes, cut costs and expand financial inclusion.
Afreximbank launches $10bn facility to support imports, stabilise currencies and help economies weather Middle East crisis disruptions.
Zenith Bank records N1.26trn PBT, boosts dividend 100 percent, strengthens asset quality amid regulatory cleanup and inflation pressures.
OPEC production plunges 25 percent in March as Middle East war disrupts exports, pushing oil prices to multi-year highs.
Tinubu, Dangote, and global leaders to attend Africa CEO Forum 2026 in Kigali, focusing on Africa’s economic scale agenda.
Coronation Research analyst says domestic refining is reducing fuel shortages and easing Nigeria’s dependence on global supply disruptions.
Experts say CBN’s policy restoring full export proceeds access to IOCs enhances liquidity and spurs upstream investment.
Rising crude prices escalate oil theft, pipeline vandalism, and production losses, worsening inflation and compressing industrial profit margins.
Nigerian airlines keep fares stable during Easter despite rising aviation fuel costs, absorbing losses as operational pressures continue mounting.
Dangote refinery exports 17 petrol cargoes to African markets as global supply tightens amid escalating Iran conflict tensions
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