Category: Business

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...

BUA Cement chairman buys additional BUA cement shares worth N3.8bn

The chairman of BUA Cement Plc, Alhaji Abdul Samad Rabiu CFR, has bought an extra...

OPay celebrates five-year anniversary, unveils new logo

OPay Nigeria, a well-known financial services provider, has formally rebranded and released a new logo...

Ardova leaves Nigerian Exchange after being delisted

One of the nation’s top oil firms, Ardova Plc, has left the Nigerian Exchange Limited...

Lagos startup ecosystem biggest in sub-Saharan Africa – Report

A new analysis by policy and advisory research firm Startup Genome has revealed that Lagos is the...

Google partners Verve, okays naira payment Play Store

Google has partnered Verve to simplify the payment process for Play Store applications and services...

Chinese Yuan gains against the dollar, reaches 7.1295

Despite US President Donald Trump’s efforts to weaken the dollar, the Chinese currency maintained its...