MULTICHOICE OPEN TO CANAL+ BUYOUT OFFER

DStv owner MultiChoice has informed shareholders that it has constituted an independent board to investigate Groupe Canal+'s offer to buy the company's remaining shares...

AfDB, INDORAMA AGREE FERTILIZER DEAL

The African Development Bank has signed a $75 million loan arrangement with Nigeria's Indorama Eleme Fertilizer and Chemicals Limited. The bank announced on its...

NIGERIAN, AFRICAN AIRLINES RECORD 20% CARGO DEMAND GROWTH

The International Air Transport Association (IATA) released a report indicating a 22 percent year-on-year increase in Africa's airline cargo demand growth, the strongest of...

COCOA’S PRICE INCREASED BY 50% IN GHANA

Ghana's Cocoa Marketing Board (Cocobod) plans to increase the price paid to cocoa growers by 50% to share in the extra profit generated by...

UNILEVER NIGERIA RECORDS 151% PROFIT GROWTH IN 2023

Unilever Nigeria made a pre-tax profit of N21.9 billion in 2023, up 151% from N8.7 billion in 2022. According to the company's audited financial...

DANGOTE, BUA, LAFARGE RECORD HUGE GAINS IN Q1 OF 2024

Cement businesses Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc at the end of the first quarter of 2024 reported a combined...

KENYA’S INFLATION RATE DECREASE TO 5.7 PERCENT IN MARCH

  On Friday, March 29, 2024, the Kenya Bureau of Statistics released a statement that the inflation rate decreased to 5.7% in March 2024, compared...

NACC COMMITTED TO PROMOTING SME’S GROWTH

Mrs Adebola Williams, President of the Nigerian American Chamber of Commerce (NACC), has expressed the Chamber's commitment to promoting the growth of Small and...

ACCESS BANK LAUNCHES 901.NG, AN OFFLINE BANKING PLATFORM

Access Bank Plc launched 901. ng, an offline banking platform, on Friday March 22, 2024 to provide customers with an extra channel to conduct...

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