World’s big oil firms pull off $200bn profits in 2022
By Ben Eguzozie Profit rally could continue as renewables yet to gain traction The world’s biggest five oil firms,
Nigeria leads as Africa raises $5.2bn venture capital investments in 2022
By Cynthia Ezekwe Nigeria has emerged as the most active country for venture capital (VC) investments in Africa in 2022 as Africa
NOVA doubles earnings as PBT rises 108% to N3.50bn in 2022
By Onome Amuge NOVA Merchant Bank Limited ,delivered an outstanding 108 per cent year-on-year growth in profit before tax (PBT) which
Nigeria’s total debt stock rises 14% to N46.25trn in 2022
By Business A.M. Nigeria’s debt stock, comprising the domestic and external debt stocks of the federal government,sub-national
Google removes over 5 billion ads in 2022 to keep users safe
By Onome Amuge As part of ongoing investments in its policies and enforcement to enable users to have the safest possible experience
Sinopec’s net profit falls 6.9% in 2022 as Covid hurts fuel demand
By Luther Animashaun Chinese oil giant, Sinopec, recorded a 6.9 decline as its net profit plunged to $9.65 billion, or 66.30 billion
Insurance Industry records N726bn gross premium Q4 2022
By Cynthia Ezekwe The Nigerian insurance industry recorded N726.2 billion as gross premium income at the end of the fourth quarter of
Nestlé Nigeria grows revenue 27% in 2022
By Cynthia Ezekwe Nestlé Nigeria Plc posted a revenue growth of N446.8 billion in 2022, a 27.0 per cent growth against N351.8 in 2021
10 top financial advisors account for $5.8trn M&A deals in 2022
By Ben Eguzozie Down 37.5% from 2021 value of $8.72trn The global sector of mergers and acquisitions (M&A) has seen its fair share
Nigerian cashew processing challenge lingers despite $250m export revenue in 2022
By Business AM Nigeria generated over $250 million from cashew export in 2022,but processing of the commodity remained a persistent