Browsing: Naira

US rate rises in 2023 have begun to show some effect on the labour market and demand, while politics remains an area of high

Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank (AfDB) Group plan to

Prices of crude oil decreased in the global commodity market on Tuesday due to demand concerns in China, one of the world’s largest

BUA Cement Plc saw a sharp decline in profitability in the first half of 2024, details from its unaudited financial statement

Lafarge Africa Plc posted more than 17% decline in profit, from N35.479 billion in the first half of 2023 to N29.350 billion in June,

Producer of specialty fats and oils, Presco Plc, net profit rose by about 158% year on year to N39 billion, the company’s

The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to

Zenith Bank Plc has revealed plans to raise N290 billion through a combination of a rights issue and public offer, the bank’s Group

Naira Plummets as External Reserves Surge to $36.506bn The naira depreciated by 0.13% against the US dollar in the foreign…

Nigeria’s government proposed windfall tax on foreign exchange gains recorded by deposit money banks in the country is credit negative,