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Nigerian Breweries to Raise N600bn Capital Through Rights issue

Nigerian Breweries to Raise N600bn Capital Through Rights issue

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Nigerian Breweries Plc plans to raise up to N600 billion through a rights issue to address challenges posed by the Naira devaluation
Unilever Nigeria’s total assets decline by 7.82%

Unilever Nigeria’s total assets decline by 7.82%

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Unilever Nigeria Plc on Wednesday said that its total assets decreased to N116.30 billion as at Dec. 31, 2023.
Transcorp Records N109.1bn Gross Profit in 2023

Transcorp Records N109.1bn Gross Profit in 2023

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Transnational Corporation Plc (Transcorp) on Wednesday said its gross profit for the year ended Dec. 31, 2023 stood at N109.1 billion.
NGX: Investors lose N190bn as Tier-1 banks experience sell-offs

NGX: Investors lose N190bn as Tier-1 banks experience sell-offs

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Sell-offs in the shares of Tier-one banks on Thursday contributed to a 0.32 per cent decline in the Nigerian Exchange Ltd.
World Bank-Funded Project to Renovate 441 Public Schools in Zamfara—Official

World Bank-Funded Project to Renovate 441 Public Schools in Zamfara—Official

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The Adolescent Girls Initiative for Learning and Empowerment (AGILE), a World Bank funded intervention, will renovate 441 public
CPPE Highlights Urgency in Addressing Electricity Value Chain Challenges

CPPE Highlights Urgency in Addressing Electricity Value Chain Challenges

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The Centre for the Promotion of Private Enterprises (CPPE) has emphasised the need to address some fundamental issues
ACCI lauds Air Peace Commencement of Lagos-London Direct Flights

ACCI lauds Air Peace Commencement of Lagos-London Direct Flights

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The Abuja Chamber of Commerce and Industry (ACCI) has commended Air Peace Airlines on the successful inauguration
Stakeholders decry 300% Electricity Tariff Hike

Stakeholders decry 300% Electricity Tariff Hike

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Some power experts have expressed their dissatisfaction with the 300 per cent increase in electricity tariffs approved by the Nigerian
Tinubu signs Students Loan Bill into Law

Tinubu signs Students Loan Bill into Law

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President Bola Tinubu has signed the Students Loan Bill into law on Wednesday in Abuja.
Tariff Increase will only affect Customers Enjoying 20-Hour Power Supply – NERC

Tariff Increase will only affect Customers Enjoying 20-Hour Power Supply – NERC

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The Nigerian Electricity Regulatory Commission (NERC) says the increase in tariff will only affect customers enjoying