Financials

Nigeria’s Naira Devaluation Impact Jumai’s Fourth Quarter 2023 Results

The financial results for the fourth quarter of 2023 revealed a mixed performance, influenced partly by the devaluation of the Naira. While revenue decreased...

BUA Foods Surpasses ₦5 Trillion Market Cap With 74% Income Growth

" In a noteworthy development within Nigeria's food sector, BUA Foods has emerged as a key player, boasting a market capitalization exceeding ₦5 trillion...

Heineken’s Profit Forecast Disappoints Investors As Shares Drop 6.5%

LONDON, Feb 14 - Heineken (HEIN.AS) delivered a less optimistic profit outlook on Wednesday, causing its shares to plummet by 6.5%, as the...

Africa Finance Corporation appoints Former Union Bank CEO, Emeka Emuwa as Chairman

February 15, 2024. Azonuchechi Chukwu. Africa Finance Corporation (AFC) has appointed Emeka Emuwa as the Chairman of its Board of Directors, a move signaling the corporation’s...

Access Corporation Shares Slump Over Tragic Death of CEO Herbert Wigwe

The financial markets were shaken as the share price of Access Corporation, the parent company of Nigeria's largest bank, plummeted on Monday, the first...

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