A few themes shaped Nigeria’s corporate results in 2024 as dramatically as the naira’s relentless depreciation. Since mid-2023, the Central
In its recently released 2024 full-year earnings, MTN Nigeria Communications Plc reported a staggering ₦925.4 billion in foreign exchange losses,
Oando PLC, Nigeria’s leading oil and gas company, has been named the preferred bidder for the lease of the Guaracara
Nestlé Nigeria Plc has posted a 15% drop in full-year profit for 2024, as foreign exchange losses, higher financing costs,
Lafarge Africa Plc has posted impressive results for the financial year ended December 31, 2024, with profit after tax rising
The Nigerian Education Loan Fund (NELFUND), a federal government program, has closed applications for the 2023/2024 academic year and is
The Naira continued its steady appreciation against the US dollar, rising to ₦1,490/$ in the parallel market on Monday, marking
Oil prices tumbled to their lowest levels in over two months on Wednesday, driven by a combination of weakening U.S.
Nigeria’s agriculture sector grew by 1.76% in Q4 2024, marking a slowdown from the 2.10% recorded in the same period
Reversing its earlier ambitions, BP a British multinational oil and gas company, one of the world’s oil and gas “supermajors”
Nigeria’s foreign reserves have been on a downward trajectory for 33 consecutive days. According to data compiled by Bloomberg, the
The Federal Government of Nigeria has launched an Artificial Intelligence (AI) training program aimed at empowering 6,000 senior secondary school
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