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Slow Consumer Spending, Naira Devaluation Tips Nigerian Breweries Into Loss Position
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A deteriorating consumer spending exacerbated by the removal of subsidy on premium motor spirit (PMS) and the abrupt devaluation of the currency by the...
US Jets Bomb Syria After Attacks by Iran-Backed Militia
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Two US fighter jets struck weapons and ammunition facilities in Syria on Friday in retaliation for attacks on US forces by Iranian-backed militia as...
Billionaire Otedola Gifts All 750 Students of Augustine University N1 Million Each
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In an unprecedented move, Nigerian billionaire investor and major shareholder and Chairman of Geregu Power, and director of FBN Holdings Plc, Femi Otedola, has extended...
Transcorp Hotels Grows Revenue Per Room 50% as Occupancy Rate Improves
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Transcorp Hotels Plc, a leading hospitality brand, has maintained an impressive run with a 50 percent increase in revenue per available room for its...
Supreme Court Affirms Nigeria’s Tinubu As President Dismisses Opposition Appeals
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The Nigerian Supreme Court on Thursday upheld the victory of President Bola Tinubu in the February 25 presidential election.
The apex court in its ruling...
Supreme Court Rules For Tinubu on FCT, IREV, Chicago University
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The Supreme Court is delivering judgment on the appeals filed to challenge the Presidential Election Tribunal Court’s (PEPC) verdict that upheld Bola Tinubu’s victory...
Access Bank South Africa, Kenya, Mozambique Report Loss in Q3
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Access Bank South Africa, Kenya and Mozambique all subsidiaries of Nigeria based Access Holdings made losses for the third quarter (Q3) period to September,...
Access Holdings Total Income Surges to N490.9bn in 9-months
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Access Holdings a tier-one Nigerian lender has reported a 1,359% surge in total comprehensive income to N490.9 billion ($490 million) in the 9-months period...
Investors Sell Shares of Struggling Union Dicon Salt
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It appears investors have not shown interest in the shares of Union Dicon Salt Plc, a company that is technically insolvent, while the external...
Israeli Tanks, Ground Forces Hit Hamas Infrastructure in Gaza, Withdraw – IDF
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Israeli ground forces including tanks and infantry operated within the northern Gaza Strip on Thursday, attacking multiple Hamas targets before withdrawing, the military said...