Access Bank Plc has celebrated the 10th anniversary of the Access Bank Lagos City Marathon last Saturday, highlighting the platform’s ability to foster unity, promote healthy lifestyles, and showcasing African excellence on the global stage. Since its inception in 2016, the marathon has evolved into a premier event, attracting […]
Author: Business Nexus
Nigerian Breweries Hits N1.1trn Mark In Revenue
Nigerian Breweries Plc, has released its audited Group Financial Statements for the financial year 2024, recording a revenue of N1.1trn. This represents a massive 81 per cent increase on the N599.6bn recorded in the corresponding period in 2023. According to a statement from the company, a further breakdown of the […]
Tightened US Immigration Policies Will Affect Nigerian Diaspora Remittances – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has highlighted the potential impact of tightened U.S. immigration policies under the Trump administration on Nigerian diaspora remittances, which serve as a crucial source of foreign exchange for Nigeria. Dr. Muda Yusuf, Director/CEO of CPPE, emphasized that stricter immigration […]
Haldane McCall Grows Profit by 168% to N1.01bn in 2024 …Shareholders to approve N220.6m dividend
Haldane McCall Plc on Thursday announced its audited financial statement for the full year ended December 31, 2024 with profit before tax at N1.01 billion, a significant increase of 168 per cent when compared to N378 million reported in 2023 financial year. The Real Estate and Hospitality company […]
Berger Paints Urges Government To Tackle High Import Tariffs, Unfair Competition
Berger Paints Urges Government To Tackle High Import Tariffs, Unfair Competition Berger Paints Nigeria Plc has called on the Federal Government to address high import tariffs on essential raw materials and take measures to curb unfair competition from imported paints. The company made this appeal during a […]
AMCE Unveils Construction Milestones as June 2025 Launch Approaches
The African Medical Centre of Excellence (AMCE), a groundbreaking tertiary medical institution spearheaded by African Export-Import Bank (Afreximbank) in partnership with King’s College Hospital, London, hosted a high-level stakeholder and media tour to showcase major construction milestones and reaffirm its commitment to revolutionising healthcare in Africa by building a world-class […]
Nestlé Launches Dairy Demonstration Farm ….Invests Over ₦1.8bn in Dairy Development
Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, Federal Capital Territory, as part of its commitment to strengthening the local dairy industry. The company noted that the initiative, under the Nestlé Nigeria Livestock Development Project (NLDP), aims to enhance milk production and improve pastoralists’ livelihoods […]
Senate Seeks N10bn Fund for Capital Market Investor Education
Senate Seeks N10bn Fund for Capital Market Investor Education The Senate has proposed a N10 billion special fund for investor education in the capital market as part of the 2025 budget. According to the Senate, the initiative aims to raise awareness among Nigerians and attract more investors to the market. […]
Air Peace Promotes Senior First Officer To Captain on Boeing 777 Fleet
Air Peace, Nigeria’s foremost airline and West Africa’s largest carrier, proudly announces the elevation of Senior First Officer Chibuzo Mbanefo to the rank of Captain on its Boeing 777 fleet. Captain Mbanefo has consistently demonstrated exceptional skill, leadership, and commitment to upholding Air Peace’s high operational standards. After undergoing rigorous […]
Manufacturers Warn 15% Port Tariff Increase Will Fuel Inflation, Smuggling
The Manufacturers Association of Nigeria (MAN) has strongly opposed the proposed 15 per cent increase in port-related charges, warning that the decision will drive up production costs, fuel inflation, and encourage smuggling. The association stressed that the hike is ill-timed, given the economic challenges businesses are currently facing. MAN’s […]