Unilever Nigeria Generated N52.21 Billion Revenue In 12-Months Ended December 2021
Unilever Nigeria Plc reported its Q4 12-months unaudited Annual Financial Statement, revealing a 35.07% growth in revenue from N52.21 billion…
Day: January 27, 2022
Pay us $3.4bn Fine – Niger Delta Artisan Fishermen Association of Nigeria Fishermen Tells Shell
The Artisan Fishermen Association of Nigeria, Niger Delta chapter, have urged the Shell Petroleum Company to immediately pay them the…
Credit Suisse issues fourth-quarter profit warning as legal costs rise
Credit Suisse announced that its fourth-quarter earnings are set to be negatively impacted by increased litigation provisions. The Swiss bank…
BUA Chairman, Abdul Samad Rabiu Now Africa’s Fifth Richest Man, Second In Nigeria With Latest Forbes Report
Forbes has listed BUA chairman Abdul Samad Rabiu as the fifth African richest man and second richest man in Nigeria.…
GM plan to dethrone Tesla in electric car sales by 2025
General Motors will invest roughly $6.6 billion in its home state of Michigan over the next several years. The new…
Facebook’s Cryptocurrency Venture To Wind Down And Sell Tech Asset
Meta Platforms Inc’s digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for…
Market Volatility Cause Wetransfer Owner To Cancel IPO
The company that owns the WeTransfer file service is cancelling its initial public offering (IPO), Europe’s first prominent tech offering…
Apple Smartphone Market Hit High Record In 2021 Q4
Apple’s smartphone market share in China hit a record high in the fourth quarter of 2021, with the iPhone maker…
Nigeria’s Credit Risk Spikes As FG Extend Fuel Subsidy Policy
The Federal Government’s decision to extend the implementation of the fuel subsidy removal policy has affected the cost of ensuring…
S&P 500 Trading Session Ended Bearish
Wall Street had a relatively bearish trading session with the S&P 500 ending the trading session lower on Wednesday, taking…
NNPC Advice Against Panic Buying Of Petrol
The Nigerian National Petroleum Corporation Group has urged Nigerians to disregard rumours of petrol shortages and not engage in panic…
Oil Price Hits $90 Per Barrel
Oil prices rose on Wednesday to $90 a barrel for the first time since 2014 — amid rising tensions between…
IMF Advice Nigeria To Prepare For Financial Turbulence
The International Monetary Fund has advised Nigeria and other developing economies with large foreign currency borrowings and external financing need…
Nigeria: Marketers Raise Diesel Price To N355 – N360
The upturn in global crude oil prices has pushed the landing cost of Premium Motor Spirit (petrol) imported into Nigeria…
Tesla Won’t Release Any New Model This Year- Elon Musk
Tesla CEO Elon Musk said during the company’s fourth-quarter earnings call that the company won’t release any new models this year,…