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Headlines

Petrol to noodles: How Russia-Ukraine crisis affects Nigeria

From the production of noodles, pasta, cakes and other confectioneries to the consumption of petrol, the decision of Russian forces to launch its long-feared attack on Ukraine is having a far-reaching impact for families in Africa’s biggest economy.

Nigeria’s biggest firms’ profits outpace inflation in 2021

Nineteen of the biggest listed firms on the Nigerian Exchange who have posted their full-year financial statements were able to navigate the tough macro-economic space in 2021, as their profits outperformed the inflation rate, according to BusinessDay’s analysis of their financial statements.

Buhari signs Electoral Amendment Bill

President Muhammadu Buhari has signed the Electoral Amendment Bill, 2022. Buhari signed the bill Friday in the presence of the Principal Officers of the National Assembly, including the Senate President Ahmad Lawan, Speaker of The House  of Representatives Femi Gbajabiamila.

Seplat’s shares jumps 4.6% on ExxonMobil deal

Seplat’s shares have jumped 4.6 percent to N900 per share today as investors take position amid rallying oil prices and the company’s acquisition of ExxonMobil’s offshore shallow water assets for $1.2 billion. 

Russian troops press invasions into Ukraine’s capital

An advance party of Russia’s invasion force left a trail of damage in its wake as clashes erupted inside Ukraine’s capital Kyiv for the first time, amid rising fears the city is about to be stormed. The Ukrainian military on Friday reported significant fighting near Ivankiv, about 60 kilometers (40 miles) 

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