News - Page 19

Cadbury Nigeria Plc has released its audited financial results for the year ending December 31, 2024, achieving a full-year revenue of N129.1 billion, up from N80.3 billion in the prior year, marking a year-over-year growth of 60.7%. The growth in revenue was

Funding into the African tech ecosystem dropped five percent to $460 million in the first quarter of 2025. According to Africa: The Big Deal, the decline underscored the consistent drop in venture capital funding on the continent, which fell from $486 million

The United States said Tuesday it has approved the possible sale of $5.58 billion in F-16 fighter jets to the Philippines, as Washington backs its ally in rising tensions over China. The State Department said it was green-lighting a sale that includes

Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. A statement by

President Bola Tinubu on Wednesday, appointed Engineer Bashir Ojulari as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. As announced by the Special Adviser to the President (Information & Strategy), Bayo Onanuga, the president had invoked Section

President Bola Tinubu has signed the Investments and Securities Act (ISA) 2024 into law—officially categorizing cryptocurrencies and other virtual assets as securities. This landmark legislation repeals the 2007 Act and brings Virtual Asset Service Providers, Digital Asset Operators and Digital Asset Exchanges