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Debt Crisis Hits China’s Biggest Property Giant Country Garden
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Country Garden, one of China's biggest property developers, has become the latest real estate giant to warn that it could default on its debts.
This...
MTN Nigeria Raises N125 billion Via Commercial Paper Issuance
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MTN Nigeria Communications PLC (MTNN) has completed its Series 6 & 7 Commercial Paper issuance under its upsized N250 billion Commercial Paper Issuance Programme.
MTN...
Burger King Faces Lawsuit Over Size of Whopper
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Burger King must face a lawsuit that alleges it makes its Whopper burger appear larger on its menus than it is in reality, a...
Nigerian Breweries to Alleviate Debt Load by Restructuring Tenors
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The management of Nigerian Breweries Plc is thinking outside the box as they have expressed the intention to convert some short-term obligation into long-term...
Fish Farmers Commend Olam’s Investment in Nigeria’s Aquaculture
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Fish farmers in Nigeria have commended the contributions of Olam Agri, for its contributions to improvement in productivity levels in the aquaculture segment, especially...
Lafarge Africa Completes 22/23 Graduate Trainee Programme
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Lafarge Africa Plc, a leading Sub-Saharan Africa Building Solutions Company and member of Holcim, a global leader in innovative and sustainable building solutions, has...
Zenith Bank Appoints Dr. Juliet Ehimuan as Non-Executive Director
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The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023.
The...
Flour Mills Reports N9.3bn First Quarter Loss on Devaluation
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Flour Mills of Nigeria (FMN) has reported a loss before tax of N9.3 billion due to foreign exchange loss of N22.5bn in the first...
Airtel Plans to Raise $216 million in Uganda’s Biggest IPO
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Airtel Uganda Ltd. plans to raise as much as 800 billion shillings ($216 million) in an initial public offering, making it the nation’s biggest...
Dangote Cement Graduates 50 ‘Special’ Truck Drivers
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Dangote Articulated Truck Driving School, weekend, graduated 50 Special Truck Drivers. Ten of the drivers were women and trained on Defensive Driving for three...