Oil Slides as China Economic Dips, US Dollar Strength
Oil Slides as China Economic Dips, US Dollar Strength Global market prices of crude oil slid on Wednesday over sluggish growth in China, US dollar gains amidst Red Sea tension…
International Breweries Plc.’s Loss Increases by 175% over FX Distress
International Breweries Plc.’s Loss Increases by 175% over FX Distress International Breweries Plc’s loss widened by 175% in 2023 as the company’s foreign currency liabilities on its balance sheet resulted…
NAHCO Posts 130% Profit Growth in 2023
NAHCO Posts 130% Profit Growth in 2023 Nigerian Aviation Handling Company (NACHO) Plc bolstered earnings performance in 2023 with 130% year-on-year growth in profitability, details from its financial statement submitted…
Nigeria Customs Probed for Non-Submission of Audited Reports
Nigeria Customs Probed for Non-Submission of Audited Reports The House of Representatives Public Accounts Committee (PAC) has queried the Nigeria Customs Service (NCS) over the non-submission of audited financial statements…
TotalEnergies Profit Slumps 20% as FX Losses Bite
TotalEnergies Profit Slumps 20% as FX Losses Bite Total Energies and Marketing Nigeria Plc’s profit declined by about 20%, according to details from its financial statement as higher funding costs…
IMF Estimates 3.1% Global Economic Growth for 2024
IMF Estimates 3.1% Global Economic Growth for 2024 The International Monetary (IMF) says global growth is projected at 3.1 per cent in 2024 and 3.2 per cent in 2025. This…
Naira Loses Value 4-Month after CBN Stops FX Injections
Naira Loses Value 4-Month after CBN Stops FX Injections Trading near N1490 per US dollar at the Nigeria autonomous foreign exchange (forex) market, the naira has lost significant value just…
Get it together! – GTBank trends on X as Nigerians drag the bank over bad network
Popular Nigerian bank, Guaranty Trust Bank (GTBank) is currently having network issues which began on Thursday morning, February 1. Some customers of the bank say they are finding it difficult…
Fire guts UNICAL Registry Unit (videos)
The University of Calabar (UNICAL) Registry Unit was reportedly gutted by fire. The incident occurred on Thursday night, February 1, 2024. Video footage shows young people calling on the fire…
12 arrested as police bust fake dollar syndicate in Gombe
Gombe State Police Command has arrested 12 suspected members of a fake dollar syndicate in the state. Spokesperson of the command, ASP Mahid Abubakar, who disclosed this on Thursday, February…