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BUSINESS NEWS
Business and Economic News from Nigeria
Beer makers saw their revenues plummet in the second quarter of 2020 as the economic shut down extinguished sales.
Naira depreciated against the dollar at the Investors and Exporters (I&E) window.
This is coming a few days after UAC Nigeria Plc announced a deal to divest 51% of its shares in UPDC.
This move portends significant implications for Nigeria's public and private sector.
Energy demand at one point was down by more than 30% globally.
This disclosure was made in a notification that was sent to the Nigerian Stock Exchange.
The disclosure was made in a statement by the Manager Media and Communications.
Here is the breakdown of Nigeria’s top agricultural exports and top destination countries.
The statement from Access Bank says that the deal is a highly complementary transaction.
Our outlook for the cement industry is mixed due to a plethora of factors...
The MTN Group is in advanced talks to sell its stake in MTN Syria to the minority shareholder.
Nigeria’s retail market faced a myriad of challenges following the recession in 2016.