Why companies lost billions of naira due to FX losses
The devaluation of the naira is having a significant impact on the books of Nigeria’s biggest firms as 11 listed...
- Tuesday, July 28, 2026
BusinessDay
The devaluation of the naira is having a significant impact on the books of Nigeria’s biggest firms as 11 listed...
Ikeja Hotel has reported a 230 percent in profit after tax to N397.54 million in the first half of 2023...
It is glaring that the impressive figures of Okomu Oil Plc and Presco Plc have buoyed investors’ confidence so far...
CIT Microfinance Bank, a subsidiary of Capitalfield Investment Group Limited; a diversified business conglomerate in Nigeria has announced the opening...
The devaluation of the naira against the US dollar has had a significant impact on Nigerian businesses, with some firms...
FSD Africa Investments (FSDAi), in collaboration with InfraCredit, have invested £10m into a risk-sharing backstop facility designed to unlock local...
Olufemi Bakre, the Managing Director of Parallex Bank has emphasised the urgent need for Nigerian universities to adapt and thrive...
Accion Microfinance Bank says it has three awards for its excellent performance on exceptional service delivery and leadership in the...
In a bid to boost expansion plans, Nigerian cement makers have recorded a 74 percent surge in long terms borrowings...
The United Bank for Africa (UBA) has approved pay rise for its workers to cushion the high cost of living...