A global stock selloff intensified on Friday as investors grappled with mounting concerns over the health of the US economy and the performance of major tech...
MTN Nigeria Plc has reported a significant foreign exchange net loss of ₦887.6 billion in its operations for the first six months of 2024. This represents...
UAC of Nigeria PLC (“UAC” or the “Group”) has announced ₦5.9 billion profit before tax for the period ended June 30, 2024. Revenue Surge The Group...
International Breweries Plc has announced its unaudited financial results for the period ended June 30, 2024. The report reveals significant financial challenges, with a pronounced increase...
Ecobank Group’s profit before tax rose by 5% year-on-year to $324 million. However, excluding the impact of foreign currency translation due to the strength of the...
FBN Holdings, Nigeria’s oldest financial institution, has doubled its pre-tax profit to a record N411.9 billion in the first half of 2024. This is the bank’s...
Saudi Arabia’s economy has experienced its fourth consecutive quarterly contraction due to continued declines in the oil sector. According to preliminary data released by the General...
Onyeka Onwenu, the legendary Nigerian singer, songwriter, and actress, has passed away at the age of 72. The news of her death, which occurred late Tuesday...
Ethiopia’s defaulted international bond saw a significant surge following the announcement of a $3.4 billion loan agreement with the International Monetary Fund (IMF). The IMF’s decision...
The naira further depreciated against the dollar on Monday as challenges in Nigeria’s foreign exchange market persist. According to data from the FMDQ, the naira weakened...
