BUSINESS229 Videos

NESTLE NIGERIA POSTS N104BN LOSS OVER NIRA DEPRECIATION

Due to the devaluation of the Nigerian currency, Consumer goods company, Nestlé Nigeria Plc, has reported a loss after tax of N79.5 billion for the year ended 2023, compared to a profit after tax of N 48.9 billion reported in 2022. According to the 2023 full-year financial results submitted to the Nigerian Exchange Limited (NGX) […]

Brand & Business News

February 29, 2024

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ZENITH BANK WINS MULTIPLE AWARDS

Zenith Bank Plc has clinched two awards at the World Finance 2024 Awards. The bank emerged as the Best Commercial Bank in Nigeria for the fourth consecutive year and the award for Best Corporate Governance, Nigeria, for the third year running. World Finance Magazine announced the awards in its Summer 2024 issue in recognition of […]

Brand & Business News

July 10, 2024

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ECOWAS APPROVES FRESH POLICIES FOR REGIONAL ELECTRICITY MARKET

The Economic Community of West African States Regional Electricity Regulatory Authority has approved critical policies for the development of the sub-regions power market. It also announced its commitment to protect the interests of investors and participants in the regional power market, stressing that the body would ensure that there were conducive investments in the industry. […]

Brand & Business News

January 30, 2023

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OLD NAIRA NOTES REMAIN LEGAL TENDER IN LAGOS_SANWO-OLU

The Governor of Lagos State, Babajide Sanwo-Olu, on Monday said the old naira notes remain legal tender in the state. Sanwo-Olu, in a statement signed by the Commissioner of Information and Strategy, Gbenga Omotoso, called on business owners, especially retailers, to accept the old N500 and N1,000 notes in line with the Supreme Court judgement […]

Brand & Business News

March 13, 2023

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NCDMB, FEMALE ENGINEERS EMPOWER GIRLS

The Nigerian Content Development and Monitoring Board says it has collaborated with the Association of Professional Women Engineers of Nigeria to promote science, technology, engineering and Mathematics curricula in secondary schools across the country, with special focus on the girl child. In a statement, it disclosed that the partnership with the association was launched at […]

Brand & Business News

April 12, 2023

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