Business

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

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

Global Stock Markets Remain Unpredictable Amid Economic Slowdowns and Geopolitical Uncertainty

Business Aju Elumelu -
Global stock markets have entered a period of heightened volatility as economic growth slows across major regions, and geopolitical tensions, particularly in the Middle...
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