IMF – only 24% of CBN Anchor borrowers’ loans recovered.
The International Monetary Fund (IMF) has revealed that only 24% of loans disbursed under the Anchor Borrowers’ Programme (ABP) of...
Seplat Energy revenue grows by 29.8% in 2022
Seplat Energy reported revenue from oil and gas sales of $951.8 million in 2022, a 29.8% increase from the $733.2...
Currency in circulation dropped to N1.38 trillion in January 2023.
The total amount of currency-in-circulation in the country dropped from N3.29tn as of the end of October 2022 to N1.38tn...
Nestle Nigeria PLC proposes a final dividend of N36.50 kobo per share.
Nestle Nigeria PLC has announced a final dividend of N36.50 kobo per share following the release of its 2022 financial...
Dangote Cement Plc’s annual profit increased by 21% in 2022.
Dangote Cement Plc has announced audited results for the financial year ended December 31, 2022, with its revenue increasing by...
Nigeria Breweries net revenue hit N55.1 million.
Nigerian Breweries Plc has reported an increase in its net revenue for the year ended December 31, 2022, by N55.1...
Nigeria’s non-oil export earnings hit $75m in two months.
Nigeria’s non-oil export revenue increased to $75 million in October and November 2022. This information was disclosed in the CBN...
Nigeria to increase crude oil production from new oil fields.
Nigeria targets to increase crude oil production by about 681,000 barrels per day and 1.52 billion standard cubic feet of...
Naira enters an upward trend in the parallel market.
The exchange rate between the naira and the US dollar traded for an average of N761/$1 on Friday, February 24,...
Netflix slits subscription prices in more than 30 countries.
Netflix has reduced subscription charges in over 30 countries across Asia, Europe, Latin America, sub-Saharan Africa, and the Middle East....
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