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Category: Business

Business Economy

Guinness Nigeria grows revenue by 30% in Q1

Our Correspondent October 27, 2017

Guinness Nigeria Plc has posted 30 per cent growth in revenue for the first quarter ended Sept. 30, 2017, the News Agency of Nigeria (NAN), reports. The company in a…

Read More Guinness Nigeria grows revenue by 30% in Q1
Business Economy

$3 billion from loan request will be used to service debt inherited from Jonathan’s regime -Adeosun

Iheanyi Ejiofor October 26, 2017 headline

Ebun Francis || Nigeria’s finance minister, Kemi Adeosun has said that the $3 billion out of the $5.5 billion loan request President Muhammadu Buhari sent to the Senate for approval…

Read More $3 billion from loan request will be used to service debt inherited from Jonathan’s regime -Adeosun
Business Economy

Zenith Bank records 35% growth in PAT

Iheanyi Ejiofor October 24, 2017 headline

Alabingo Finance Report || A review of the financial position of Zenith Bank in Q3 2017 result released on Thursday, showed lender recorded 35.49 per cent appreciation in its post-tax profit to…

Read More Zenith Bank records 35% growth in PAT
Business Economy

CBN consolidates forex market stability with $195m

Iheanyi Ejiofor October 23, 2017 headline

The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank indicate that the…

Read More CBN consolidates forex market stability with $195m
Business Economy Maritime

NPA rebuffs INTELS pressure to restore contract, shops for new contractor

Iheanyi Ejiofor October 21, 2017 headline

— agency says decision is irreversible Funso Olojo || After two weeks of grandstanding by Intels Nigeria Limited over the termination of its multi-billion naira pilotage contract by the NPA…

Read More NPA rebuffs INTELS pressure to restore contract, shops for new contractor

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