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Business - Page 454

Best-Performing Drink Producers In Nigeria — By Revenue Growth

Over N543.38 billion in revenue was made by the brewery industry between July and September 2025, compared to the N415.36 billion spent by Nigerians on drinks in the corresponding period in 2024, indicating a 30.82 percent increase. The combined revenue is based

December 25, 2025

Business

Nigeria Can Begin Vaccines Production To Tackle Cancer, Other Diseases – Ali Pate

Former Nigeria’s Minister of State for Health, Professor Muhammad Ali Pate, says Nigeria has the capacity to begin the production of vaccines to tackle cancer and other communicable and noncommuoncable diseases in the country. Professor Pate stated this while appearing before the

August 2, 2023

Business·News·Sports

Man City Ready To Sign £77m Defender Gvardiol

Manchester City are on the cusp of signing Croatia centre back Josko Gvardiol for a reported £77m deal (90 million euros) from German club Leipzig, making him one of the world’s most expensive defenders

August 2, 2023

Business·News·Sports

Football Transfer News: Chelsea Confirms Signing Of Ugochukwu

Premier League club Chelsea have completed the signing of French youth international of Nigerian descent Lesley Ugochukwu from French Ligue 1 side Rennes

August 2, 2023

Business

Google Ordered To Delete Cashpal, Swiftkash, 16 Other Nigerian Loan Apps

Google has been directed to take down Cashpal, Swiftkash, Nairaloan, and 15 others for operating quick loans on Play Store without regulatory approval. Federal Competition and Consumer Protection Commission (FCCPC) disclosed this in a statement on Wednesday, which also disclosed that Eaglecash, Cashme, Luckyloan and Moneytreefinance

August 2, 2023

Business·Markets

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

Investors holding shares in Chams, Nascon and other equities on the gainers’ list made over N40.9 billion on Wednesday after the bourse closed at N34.97 trillion market capitalisation. The stock market capitalisation rose from N34.93 trillion reported on Tuesday. The All-Share Index

August 2, 2023

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Business·News

#SubsidyProtest: Govt Should Priotise Immediate Needs Of Nigerians – Muda Yusuf

Economic expert and CEO of the Centre for the Promotion of Private Enterprise (CPPE) Dr Muda Yusuf, has called on the Nigerian government to prioritise the need to address core issues currently affecting the citizens as a result of the removal of

August 2, 2023

AMA News·Business

World Bank Supports Ethiopia to Expand Access to Education and Nutrition Services, Boost Resilience, and Build Social Cohesion

ADDIS ABABA, Ethiopia, 02 August 2023-/African Media Agency(AMA)/The Government of Ethiopia and the World Bank have signed a financing agreement for the Human Capital Operation (HCO), a program aimed at addressing Ethiopia’s poor nutrition and low learning outcomes. With a budget of $400

August 2, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Official, Black Markets’ Forex Dealers Increase Dollar Rate

In the investors’ and exporters’ window on Tuesday, the authorised dealers closed foreign exchange trading with N789.08/$1 rate. The authorised dealers increased the price of the dollar from N756.94/$1 rate offered on Monday, indicating the naira depreciated in value by N32.14 kobo.

August 2, 2023

Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

Business

Naira Devaluation Costs Aliko Dangote’s Sugar, Cement Companies N184.80bn

The naira devaluation by the Central Bank of Nigeria (CBN) had an adverse effect on Aliko Dangote’s companies; Dangote Cement and Dangote Sugar. Prime Business Africa learnt that Dangote Cement and Dangote Sugar lost a combined N184.80 billion to naira devaluation in

August 2, 2023

Business

Tinubu’s Ministerial Nominee, Wale Edun, Says Corruption, Others Behind Dollar Selling At N860

Wale Edun, one of the ministerial nominees of President Bola Tinubu, has disclosed that corruption and inefficiencies are behind the dollar trading as high as N860/$1. The special adviser on monetary policies to President Tinubu also said the foreign exchange management in

August 2, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Business - Page 454

Best-Performing Drink Producers In Nigeria — By Revenue Growth

Nigeria Can Begin Vaccines Production To Tackle Cancer, Other Diseases – Ali Pate

Man City Ready To Sign £77m Defender Gvardiol

Football Transfer News: Chelsea Confirms Signing Of Ugochukwu

Google Ordered To Delete Cashpal, Swiftkash, 16 Other Nigerian Loan Apps

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

#SubsidyProtest: Govt Should Priotise Immediate Needs Of Nigerians – Muda Yusuf

World Bank Supports Ethiopia to Expand Access to Education and Nutrition Services, Boost Resilience, and Build Social Cohesion

Official, Black Markets’ Forex Dealers Increase Dollar Rate

Naira Devaluation Costs Aliko Dangote’s Sugar, Cement Companies N184.80bn

Tinubu’s Ministerial Nominee, Wale Edun, Says Corruption, Others Behind Dollar Selling At N860

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