Category: Business

BUA records 26.52 profit rise in Q2 2023

BUA Cement’s Q2 2023 results for the time period ending June 2023 has shown that earnings...

BUA records 26.52 profit rise in Q2 2023

BUA Cement’s Q2 2023 results for the time period ending June 2023 has shown that earnings...

Seplat Energy reports N140.6bn gross profit

Seplat Energy Plc, the prominent Nigerian independent energy company, listed on both the Nigerian Exchange...

MTN launches 5G in Uganda

Alex Omenye Foremost telecommunications, MTN has launched its 5G network in Uganda. The first 5G...

Nigeria Breweries suffers N70bn FX loss

Nigeria Breweries Plc recorded an exchange rate loss of N70.6 billion for the second quarter...

People desire affordable, quality products – FoodCo CEO

The Chief Executive Officer of FoodCo Nigeria, Ade Sun-Basorun, has stated that limited purchasing power...

TotalEnergies exceeds earnings forecast by 31.3% for 2023 Q2

TotalEnergies Marketing reported an 11% rise in earnings per share for the second quarter ended...

Guinness Nigeria faces N49bn exchange rate loss

Guinness Nigeria Plc incurred a massive N49 billion in exchange rate losses according to information...

Airtel Africa loses $471m FX in Q2 2023

Airtel Africa plc reported a $471 million foreign exchange loss in the fiscal quarter ended...

CIBN launches Bankers Hall at Olabisi Onabanjo University

The Bankers Hall at Olabisi Onabanjo University in Ago-Iwoye has been officially opened by the...

Mutual funds investment hits N1.87trn in Q1 2023

The total value of mutual fund investments increased by 33.1% year on year, YoY, to...

PHOTOS: Lagos holds first circular economy hotspot

Kazeem Owoseni Lagos State Governor, Babajide Sanwo-Olu, has stated that his administration is committed to...