NIMASA moves mobile floating dock to NPA’s Continental Shipyard
The Nigerian Maritime Administration and Safety Agency, has taken over areas at the Continental Shipyard that the Nigerian Ports Authority had leased…
Business
N130bn Sukuk listed on NGX, FMDQ – DMO
The Presidency’s Debt Management Office announced the listing of N130 billion in sovereign sukuk on the Nigerian Exchange and FMDQ on August…
IFRS17: AXA Mansard revenue rise by 12%
Due to the implementation of the IFRS17 and IFRS9 accounting standards, AXA Mansard Insurance plc, a part of the AXA Group, reported a…
NASD OTC bourse rises by 4.27% to N1.12 trn
The market capitalization of the NASD Over-the-Counter Securities Exchange increased by 4.27 percent on Wednesday, August 2, reaching a record high. According to…
India bans foreign importation of laptops, tablets
In the bid to bolster local manufacturing, the Indian government has swiftly imposed restrictions on imports of laptops, tablets, and personal computers,…
350 debtors owe AMCON N3.95tr – MD
The Asset Management firm of Nigeria announced that 350 of its top creditors owe the firm N3.95 trillion. According to The Nation,…
BUA foods names Yemisi Lowo-Adesola Non-Executive Director
The Board of Directors of BUA Foods Plc in a statement issued this afternoon, announced the appointment of Mrs. Yemisi Lowo-Adesola as an…
FSD Africa, InfraCredit invests £10m into Nigeria’s climate structure
FSD Africa Investments and InfraCredit have committed £10 million to a risk-sharing backstop facility that will enable local currency funding for Nigeria’s…
Sterling Bank, LASHMA expand healthcare coverage in Lagos
As a result of the partnership between the Lagos State government and Sterling Bank, residents of Lagos will soon be able to access high-quality…
Nigerians to pay more for beer – Nigerian Breweries
Nigerian Breweries has announced a price rise on all of their goods beginning on August 10, 2023, which is expected to have an…
Lafarge Africa reports 29% profit increase
Lafarge Africa’s 2023 second-quarter results have shown that pre-tax profits rose by 29.02% year over year to a total of N32.787 billion.…
FCMB Group records 148% growth H1 2023
FCMB Group Plc reported excellent results across all major metrics, with a 148% increase in profit before tax of N38.2 billion from January…