Flutterwave secures $170m in Series C Round, to invest in accelerating customer acquisition
Total investments in Flutterwave now $225 million Charles Abuede Following the successful Series B funding round in January 2020 where
Covid-19 pressure holds Nigeria remittance inflows by jugular
By Charles Abuede Remittances remain significantly below 10-year historical average of $5.3bn Experts anticipate CBN sustains
Pandemic takes good slice off Nestle Nigeria as profit down 14% to N39.21bn
By Charles Abuede Full-year revenue up 1%y/y to N287.08bn from N284.04bn PBT dips 15% y/y to N60.64 from N71.12bn Nestle
MTN recovers from Covid-19 aftermath to post 15% revenue growth to N1.35trn
By Charles Abuede Giant telco fires on all cylinders Reports: 14.7% rise in service revenue; 6% rise in PBT to N298.9bn Active
MTN recovers from Covid-19 aftermath to post 15% revenue growth to N1.35trn
By Charles Abuede Giant telco fires on all cylinders Reports: 14.7% rise in service revenue; 6% rise in PBT to N298.9bn Active
Pandemic takes good slice off Nestle Nigeria as profit down 14% to N39.21bn
By Charles Abuede Full-year revenue up 1%y/y to N287.08bn from N284.04bn PBT dips 15% y/y to N60.64 from N71.12bn Nestle
Nigeria’s reserves down $1.38bn in 30 days amid rising oil prices
By Charles Abuede Fallen by $511.3m since start of 2021 But oil price averaging $58pb, above FY21 budget benchmark Naira still
Nigeria bourse in red as selloffs in banking, consumer goods stocks see bears return
By Charles Abuede 8bn taken from investors during profit booking activities Pockets of profit booking activities
Unilever Nigeria to complete tea business separation by end of 2021
By Charles Abuede Separation in line with global plan by parent firm Says separation will help it assess full range of options
Share illiquidity forcing Ellah Lakes’ majority owners to sell down 25%
By Charles Abuede Ellah Lakes’ major shareholders are to sell down 25 per cent of the shares they hold in the company