Nigerians Defy Escalating Petrol Prices As Consumption Rises By 10.8% To 52.4m
Nigeria’s daily consumption of Premium Motor Spirit (PMS), also known as petrol, rose by 10.78 per cent in April…
Category: Business
Unilever Nigeria Approves N18.67bn Dividend For Shareholders
Unilever Nigeria Plc has approved N18.67 billion for shareholders as dividend for the 2025 financial year. Shareholders approved a…
Vodafone Sees Recovery Signs Amid Turnaround Plan
British mobile phone giant Vodafone said Tuesday that it sharply reduced its annual losses as it undergoes major restructuring…
First HoldCo Seeks Shareholders’ Approval For N253bn Capital Raise
First HoldCo Plc, the parent company of First Bank of Nigeria, said it will be seeking shareholders’ approval to…
US Consumer Inflation Hits Three-Year High Fuelled By Iran War
Consumer inflation in the United States hit a three-year high in April, government data showed Tuesday, with the economic fallout…
eBay Rejects GameStop’s $56bn Takeover Bid
Online marketplace eBay said Tuesday that it had rebuffed a $56 billion takeover offer from video game retailer GameStop,…
Nigeria’s Trade Volume Rises In Q1, Cargo Throughput Hits 32.38M Tons
Nigeria’s maritime sector recorded strong operational growth in the first quarter of 2026, with trade volume rising and total…
Naira To Dollar Exchange Rate Today, May 12, 2026
Data from the Central Bank of Nigeria indicated that the naira exchanged at an average rate of about ₦1,358…
Dangote Targets $50bn IPO Valuation For Refinery
Aliko Dangote said he is targeting a $50 billion valuation for his refinery business ahead of a planned stock…
MTN’s Q1 Core Revenue Boosted By 27.9% On ‘Strong Performances’ In Nigeria, Ghana
South Africa’s MTN said on Tuesday its core earnings for the first quarter rose by 27.9%, driven by strong…