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Category: Business

MTN Nigeria Communications Declares N147.36bn Profit in Nine Months
BusinessNews

MTN Nigeria Communications Declares N147.36bn Profit in Nine Months

NEWS BAR NGOctober 31, 2023

MTN Nigeria Communications Plc, yesterday released its unaudited nine months result and accounts for the period ended September 30, 2023…

Importers return to parallel market as naira rebounds
BusinessNews

Importers return to parallel market as naira rebounds

NEWS BAR NGOctober 30, 2023

Importers have returned to the parallel market to source for their forex needs as liquidity challenges persist in the official…

Obasanjo: Nigeria Can Overcome Forex Crisis by Exploring Non-oil Exports
BusinessFinanceNews

Obasanjo: Nigeria Can Overcome Forex Crisis by Exploring Non-oil Exports

NEWS BAR NGOctober 23, 2023

Former President Olusegun Obasanjo, at the weekend, stated that Nigeria could overcome its foreign exchange (forex) crisis and dwindling value…

Tinubu Appoints New Auditor-General Of The Federation
BusinessFinance

Tinubu Appoints New Auditor-General Of The Federation

NEWS BAR NGOctober 21, 2023October 30, 2023

By powers vested in him by Section 86 of the 1999 Constitution (Amended), President Bola Tinubu has approved the appointment…

South Africa may become the largest economy in Africa- IMF
BusinessNews

South Africa may become the largest economy in Africa- IMF

NEWS BAR NGOctober 19, 2023

Omowunmi Semudara A report from the International Monetary Fund has forecasted that South Africa might overtake Nigeria to become the…

Naira Weakens to N1,100 on Parallel Market as Dollar Supply Shrinks
BusinessFinanceNews

Naira Weakens to N1,100 on Parallel Market as Dollar Supply Shrinks

NEWS BAR NGOctober 19, 2023October 19, 2023

The naira sustained its slide against the United States dollar yesterday, as it weakened to an all-time low on the…

Guinness Nigeria Not Leaving Nigeria, Says  CEO
BusinessNews

Guinness Nigeria Not Leaving Nigeria, Says CEO

NEWS BAR NGOctober 13, 2023

The Chief Executive Officer of Guinness Nigeria Plc, Mr. John Musunga, has stated unequivocally that the company has no plan…

Bottle Production company should be environmentally conscious – ERA
BusinessHealthNews

Bottle Production company should be environmentally conscious – ERA

NEWS BAR NGOctober 6, 2023

Victoria Mgbanwa THE Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) al in collaboration with other environment-focused groups has impelled…

Group flays planned imposition of non professional as FCT Treasury Director
BusinessNewsPolitics

Group flays planned imposition of non professional as FCT Treasury Director

NEWS BAR NGSeptember 30, 2023September 30, 2023

Peter Okafor The Odua integrity group has implored  FCT Minister Nyesom Wike, to immediately stop the planned imposition of an…

$3Billion emergency loan will stabilise naira
BusinessFinanceNews

$3Billion emergency loan will stabilise naira

NEWS BAR NGSeptember 30, 2023September 30, 2023

Omowunmi Semudara About  $3bn emergency loan-for-crude oil is set to be deployed to stabilise the naira, whose value has continued…

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