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Netflix Exits Nigeria After Six Years Amid Worsening Economic Conditions

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Cadbury Nigeria Record 65% Surge in Pre-Tax Losses Despite Revenue Growth

Business Sam Fasanya - November 12, 2024

Cadbury Nigeria Record 65% loss surge One of Nigeria's leading beverage company, Cadbury Nigeria Plc, known for its iconic product Bournvita, reported a 65% increase...

Nestle Nigeria Faces N255 Billion Pre-Tax Loss in Nine Months, Blames Forex Challenges

Business Sam Fasanya - November 12, 2024

Nestle Nigeria Faces N255Billion Pre-Tax Loss Nestle Nigeria Plc, one of Nigeria’s leading food and beverage companies, has reported a pre-tax loss of N255.38 billion...

MTN Nigeria Reports N514.9 Billion Loss in 9 Months, Cites Naira Depreciation as Key Factor

Business Sam Fasanya - November 12, 2024

MTN Nigeria Reports N514.9 Billion Loss in 9 Months, Cites Naira Depreciation as Key Factor MTN Nigeria, one of the country’s leading telecom operators, has...

Equatorial Guinea: Baltasar Engonga Caught in Explosive Sexual Affair Tapes with President’s Sister

Business Sam Fasanya - November 5, 2024

In an unfolding drama that's gripping Equatorial Guinea, Baltasar Engonga —one of the country's top political figures—is caught up in a sensational scandal that...

Why Major Multinationals Are Exiting Nigeria: A 5-Year Trend

Business Sam Fasanya - October 31, 2024

Over the last five years, Nigeria has witnessed an alarming exodus of major multinational companies, leading to a ₦95 trillion economic loss, as reported...

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Tragedy in Ibadan: Stampede Claims 35 Lives, Six Critically Injured

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