The National Information Technology Development Agency (NITDA) has secured a JPY 1.6 billion (USD 12.1 million) grant from the Japan International Cooperation Agency (JICA) for a...
Nigerian Breweries Plc has posted a solid first-quarter result for the period ended 31 March 2025 with a 69 percent year-on-year increase in revenue and a...
President Bola Tinubu has signed the Economic Community of West African States (ECOWAS) Schedule of Tariff Offers establishing zero duties on 90 percent of goods traded...
Access Bank PLC, a subsidiary of Nigeria’s Access Holdings PLC, has secured final approval from Kenya’s key financial authorities to acquire 100 percent ownership of the...
Geregu Power Plc has reported a profit before tax of N13.01 billion for the first quarter ended March 31, 2025. This represents a 40.57 percent decline...
The Federal Government has reduced the price of natural gas for power generation companies in a move aimed at easing the financial pressure on the electricity...
Presco Plc, Nigeria’s leading integrated agro-industrial company, delivered a strong performance for the financial year ended December 31, 2024. According to the company’s audited financial statement...
International Breweries Plc has recorded its seventh consecutive after-tax loss despite achieving strong revenue growth in the 2024 financial year as foreign exchange volatility and rising...
Diageo Plc has completed the sale of its entire 54.4 percent stake in Seychelles Breweries Limited to Phoenix Beverages Limited for approximately $80 million as part...
Business confidence in Nigeria rose to its highest level in 14 months in March, according to data from Stanbic IBTC’s Purchasing Managers’ Index (PMI) released on...