Nigerian Breweries To Temporarily Close Two Plants Following N106 Billion Loss In 2023
Nigerian Breweries has set up a strategic recovery plan after it lost N106 Billion in 2023.
Nigerian Breweries has set up a strategic recovery plan after it lost N106 Billion in 2023.
Deputy oil minister Lokpobiri says Nigeria could ramp up oil production to five million bpd within a year.
Dangote Petroleum Refinery on Tuesday announced a further reduction of the price of diesel from N1,200 to N1,000 per litre.
Starlink has notified South African users via email that their internet service will end on April 30 due to policy violations.
Kwara’s government wants to make ease of doing business a major selling point.
Elon Musk has announced posting charges for new users on X, users will be granted free posting privileges after three months.
Analysts have said that Israel’s reaction to Iran’s attack would be crucial for global oil markets in the coming days and weeks.
UBA’s gross earnings surged from N853.2 billion in 2022 to N2.08 trillion by 2023 ending, marking 143% growth.
NDIC has endorsed CBN’s regulatory measures, promising to protect depositors’ interests and to ensure seamless transition.
Grateful for reappointment, Georgieva vows to lead IMF through global challenges and to focus on policy advice and capacity development.
Supported by capital inflows and consecutive interest rate hikes, the Naira’s recent rally saw it close at N1,142/$ on Friday.
OPEC and its allies, known as OPEC+, last week agreed to keep oil output cuts in place until end of June.
Minister of Works Umahi says the Lagos-Calabar coastal highway project will only remove 15 meters of Landmark beach shoreline and shanties.
Air Peace CEO Allen Onyema claims foreign airlines intend to drive the Nigerian carrier out of the market.
Keyamo said Gatwick Airport welcoming Air Peace one week after its inaugural flight to the airport was belated but accepted.
Nigeria blames massive oil theft, declining investment and outright sabotage for inability to meet 1.5 million bpd OPEC quota.
Zenith Bank remains the most profitable bank in Nigeria generating N795.96 billion profit before tax in 2023.
The World Bank says the pace of Africa’s economic expansion remains below the growth rate of the previous decade.
Mounting petrol payment backlog poses a challenge to Nigeria’s efforts to manage its strained finances, says a Reuters report.
Nigerian banks have been given 90 days to wind down dollar-denominated collaterals following CBN’s prohibition for Naira loans.
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