Nigerian Breweries seeks N25bn fresh working capital Nigerian Breweries Plc, most capitalized brewing company on the Nigerian Exchange Limited, has launched its …
Business
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JP Morgan acquires failed US bank JP Morgan Chase has taken over the troubled US bank First Republic in a deal brokered …
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ExxonMobil, Chevron get higher profits despite oil price dip US oil giants, Exxon Mobil and Chevron, reported another quarter of heady profit …
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Unilever, Cadbury take in N41bn revenue in Q1 Two fast-moving consumer goods manufacturers, Unilever Nigeria Plc and Cadbury Nigeria Plc, have reported …
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Business
AfDB, JICA sign $350m loan agreement to support Africa’s private sector
by Daudu Johnby Daudu JohnAfDB, JICA sign $350m loan agreement to support Africa’s private sector The African Development Bank and the Japan International Cooperation Agency (JICA) …
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MTN rakes in N101.3bn net profit in Q1 Leading telco in Nigeria, MTN Nigeria Plc, has declared a profit after tax of …
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Elumelu Overtakes Otedola, Controls 25.58% Transcorp Stake To maintain his control of Transnational Corporation plc (Transcorp), Tony Elumelu has acquired additional 9,697,189,979 …
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FAAC allocation: FG, states, LGs share N715bn in March The Federation Account Allocation Committee says it shared N714.63bn among the three tiers …
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Business
Musk threatens suit as Microsoft drops Twitter from advert platform
by Daudu Johnby Daudu JohnMusk threatens suit as Microsoft drops Twitter from advert platform Tech company, Microsoft, has announced moves to drop social media service, Twitter, …
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Why Nigeria gets low foreign investment – IMF The International Monetary Fund says the recent slowdown witnessed in Foreign Direct Investment, especially …