nigeria business

  1. Cardinal Stone's Strategic Exit: Nigerian PE Firm Sells i-Fitness Stake for $12 Million

    Nigeria Cardinal Stone's Strategic Exit: Nigerian PE Firm Sells i-Fitness Stake for $12 Million

    Image Credit: ZhuHaibin Cardinal Stone Capital has completed a successful exit by selling its stake in i-Fitness, the country's leading fitness and gym chain, to Verod Capital Management. The deal, valued at $12 million, marks a complete exit for Cardinal Stone, which initially invested in...
  2. Concerns Arise Among Content Creators as CAC Mandates Registration and Tax Payments

    Nigeria Concerns Arise Among Content Creators as CAC Mandates Registration and Tax Payments

    The Corporate Affairs Commission (CAC) has called on social media content creators, particularly those with large followings on platforms like Instagram and TikTok, to register their businesses with the commission by the Company and Allied Matters Act 2020. This move comes amidst rumored plans...
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    Business Top 10 risks Nigerian businesses will face in 2020/2021 – Report – Nairametrics

    https://nairametrics.com/2020/05/12/top-10-risks-that-nigerian-businesses-will-face-in-2020-2021-report/
  4. Nigeria Business News

    Business Finally, PZ Cussons projects reduced full-year profit, blames Nigeria – Nairametrics News

    Global consumer goods manufacturer, PZ Cussons, yesterday disclosed that its financial … Read more via Nairametrics – http://bit.ly/2HELPiT Get more: Nigeria Business News
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    Berger Paints Plc has a new chairman – Nairametrics News

    Berger Clinstay Paint Berger Paints Plc in a notice to the Nigerian Stock Exchange (NSE) has announced the appointment of Abi Ayida as its new chairman, Oladimeji Alo ... Read more via Nairametrics – https://ift.tt/2JDObhO Get more: Nigeria Business News
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    Business Food security: NIRSAL, Syngenta collaborate to boost yield by 80% - The Sun

    The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc and Syngenta Agrochemical Company Limited, a seed production and crop protection company, at the weekend signed a Memorandum of Understanding (MoU) aimed at boosting farmers’ yield by up to 80 per cent, in line...
  7. Iroka Chinedu

    Business 2019: Nigerian stocks drop after Buhari declares re-election bid - Dailypost Ng

    Nigerian stocks dropped to a three-month low, after President Muhammadu Buhari officially announced he would seek re-election in 2019. reports that the stock market, which opened on a losing streak after Lafarge Africa announced a surprise 2017 loss, worsened its decline. Click here to read...
  8. Iroka Chinedu

    Business Hope receding on 2018 budget - vanguard Ng

    Most economists and financial experts agree that Nigeria, due to oil woes, was bound to experience a mild economic decline in 2016 but most probably, not a full-blown recession. That the economy declined by 1.56 per cent that year on the aggregate can be blamed on the failure of the government...
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    Business Nigerian Breweries appoints new Managing Director – Premium Times Nigeria

    Nigerian Breweries Plc has announced the appointment of Jordi Borrut Bel as the company’s Managing Director/CEO. The appointment takes effect on January 22, 2018. Mr. Borrut Bel will succeed Johan Doyer who has served as Managing Director/CEO on an interim basis since June 16. The company...
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    Business Naira Devaluation: Oando Reports $261m Loss in 2016 Q2

    Oando Plc, expects materially lower earnings for the second quarter of 2016 due to the impact of Naira devaluation against the US dollar by the Central Bank of Nigeria (CBN), the company announced yesterday. Oando in a filing with the Nigerian Stock Exchange (NSE) said the impact of the Naira...
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