Airtel Africa Records $1.7 Billion Loss due to Currency Devaluation in Nigeria

Airtel Acquires Additional Spectrum in Zambia for $29 million

Airtel Africa, Nigeria's second-largest telecommunications company, has reported a substantial loss of $1.7 billion attributed to currency devaluations in Nigeria ...

Nigerian Breweries Reports Record N145 Billion Naira Loss in 2023

by Jide Omodele

February 20, 2024

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Nigerian Breweries, the country's largest beer maker, has disclosed a staggering pre-tax loss of N145.3 billion for the previous year, ...

Aliko Dangote’s Wealth Drops by N1.45 Trillion Following Naira’s Exchange Rate Change

by Victoria Attah

September 13, 2023

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Nigerian business tycoon and Africa's wealthiest individual, Aliko Dangote, has experienced a significant decline in his wealth, totaling N1.45 trillion ...