year Archives

Port Harcourt Disco promises clients impactful year

The Management of the Port Harcourt Electricity Distribution Plc has guaranteed customers within its franchise, a new year of positive impact as it launched the business year. According to Arise News, PHED’s Managing Director and Chief Executive Officer, Dr. Benson Uwheru, offered the assurance at a strategic discussion with business executives from across the coverage region. The MD reiterated […]

bfatoyepdnlimited-com
19th January 2024
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Business

Ikea to cut prices this year due to deflation – CEO

Ikea has stated ahead of the World Economic Forum’s annual conference that it will keep to planned price cuts despite Red Sea shipping interruptions driving up prices. According to Reuters, the CEO of Ingka Group, Jesper Brodin, which owns the majority of Ikea shops worldwide, stated that price pressures had lessened, so the company would continue to planned price cuts […]

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16th January 2024
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37 Views

Business

NGX reports first loss of N638bn in new year

The Nigerian Exchange Limited’s market capitalization fell for the first time in the new year. The market’s eight-day surge came to an end on Wednesday, when the market cap fell by around N638 billion to close at N44.885 trillion. This comes just one day after the market cap surpassed N45 trillion. Although the All-Share Index, […]

bfatoyepdnlimited-com
11th January 2024
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32 Views

Nigerian startups owe $415m 10-year debt – Report

Briter Bridges, a research and market intelligence company which focuses on developing nations, has stated that approximately $415 million has been borrowed by Nigerian digital entrepreneurs over the past ten years. According to the report “Debt Financing in Africa’s Innovative Ecosystem,” between 2014 and 2023, African startups as a whole borrowed a total of $2.1 […]

aomenyepdnlimited-com
1st January 2024
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51 Views

Vitafoam shareholders okay N1.95m dividend

Business

Vitafoam breaks five-year record with 2023 N52bn revenue

Vitafoam Nigeria Plc has recorded the most money from its operations this year, than in the last five years. The PUNCH reported that according to the Consolidated and Separate Financial Statements for the year ended 30 September 2023, which were released on the Nigerian Exchange Limited, the foam producer earned N52.986 billion in revenue, a […]

bfatoyepdnlimited-com
1st January 2024
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71 Views

NNPCL targets four FIDs by 2025, posts N5.89tn

FCCPC unveils taskforce to combat counterfeit products nationwide

Mauritius firm to acquire 26% stake in Nigerian

UK regulator partner Nvidia to allow banks experiment

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Dangote refinery to begin nationwide fuel distribution in August

EU celebrates 40 years of border-free travel

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Trump mulls visa ban on Nigeria, 35 other countries

Tag: year

Port Harcourt Disco promises clients impactful year

Ikea to cut prices this year due to deflation – CEO

NGX reports first loss of N638bn in new year

Nigerian startups owe $415m 10-year debt – Report

Vitafoam breaks five-year record with 2023 N52bn revenue

Dangote refinery to begin nationwide fuel distribution in.

EU celebrates 40 years of border-free travel

Banks, telcos still testing end-user billing model –.

Trump mulls visa ban on Nigeria, 35 other.

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