Guinness Nigeria posts N73.6 billion full-year loss amid Tolaram takeover
Guinness Nigeria Plc has reported a pre-tax loss of N73.6 billion for the financial year ended June 30th, 2024, as forex devaluation impacted bottom...
These are the largest banks in Africa based on market cap
The 50 largest banks in Africa have a total asset size of about $900 billion, with a market capitalization of about $120 billion.
On this...
Dangote Refinery Reselling Imported, Nigerian Crude Oil – Reuters
Dangote Petroleum Refinery, is reselling crude oil cargoes from both the United States and Nigeria.
Reuters sources indicate that this move, unusual for refineries, stems...
Awarri engages 500 3MTT fellows to build Nigeria’s Multilingual AI model
The Nigerian startup selected to build the country’s first AI, Awarri, has engaged over 500 fellows of the federal government’s 3 Million Technical Talent...
Construction begins at Midoil refinery
Midoil Refining and Petrochemicals Company Limited has finally performed the turning of sod ceremony, marking the commencement of construction activities in Lagos.
The turning of...
