Financials

MTN to cut costs and hike prices at Nigeria unit after naira hit

JOHANNESBURG, March 25 - MTN Group's (MTNJ.J), opens new tab Nigeria unit is working on restoring its profitability and strengthening its balance sheet...

Sterling Financial Holdings Reports 27% Surge in Interest Income

Sterling Financial Holdings Company Limited's interest income surged by 27 percent last year, as per its latest unaudited financial statement. The interest income soared...

“Unilever to Cut 7,500 Jobs Worldwide for Productivity and Cost Savings”

Unilever Streamlines Operations with Global Workforce Reduction Unilever, a leading consumer goods company, has revealed plans to trim its workforce by approximately 7,500 positions worldwide...

Uber-backed startup Moove reaches $750 million valuation after securing $100 million in new funding.

Moove, a Nigerian-founded company offering revenue-based vehicle financing, announced on Tuesday that it had raised $100 million in its latest funding round, bringing its...

Nigerian Breweries Plc Implements Another Price Adjustment for its Products

  Nigerian Breweries Plc has disclosed a subsequent increase in the prices of its products, following the previous adjustment in February. Notably, the company had...

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