Samuel Nwite
AUTHOR: Samuel Nwite
Central Bank of Nigeria Addresses Forex Backlog with fresh $500 Million Release
In a fresh move to address the persistent challenges in Nigeria's foreign exchange (FX) market, the Central Bank of Nigeria (CBN) has recently released...
Femi Otedola Reveals Plan to Increase Stake in Dangote Cement
Nigerian entrepreneur Femi Otedola has revealed he plans to expand his stake in Dangote Cement Plc, a move that has contributed to the recent...
Nigeria Secures $7 Billion Investment Deal with India, Boosting Economic Ties
In a significant stride towards attracting foreign investments, the Nigerian Federal Government has successfully secured a substantial $7 billion investment deal from India.
The official...
Cadbury Nigeria Records N27.63 Billion Loss in FY 2023
In its fiscal year 2023 performance report, Cadbury Nigeria Plc, a prominent multinational corporation operating in Nigeria, disclosed a substantial loss of N27.63 billion....
NNPCL Made N2.52tn Profit from N8.81tn Revenue in 2022 – Audit Report
The Nigerian National Petroleum Company Limited (NNPCL) has reported a notable 37.2% increase in its revenue, showcasing a robust financial performance in its latest...