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Foreign currency translation loss, which stood at N290.7 billion in 2024, declined to zero in the year under review. The post After two loss-making years, Nestle Nigeria returns to annual profit appeared first on Premium Times Nigeria.

By Babajide Komolafe Managing Director/CEO of FirstCap Limited, Mr. Ukandu E. Ukandu, an investment banking firm and subsidiary of First HoldCo Plc., has reaffirmed that payment security remains the most decisive factor in determining whether gas and power projects in Nigeria secure financing. He shared this perspective during a panel discussion on project bankability at the […] The post Payment security remains biggest barrier to bankable gas, Power projects — FirstCap MD appeared first on Vanguard News.

By Emma Ujah,    Abuja  Bureau Chief The Minister of State for Finance, Dr. Doris Uzoka-Anite, has said that President Bola Tinubu’s target of $1 trillion economy by 2030 cannot be achieved by government efforts alone. Addressing the Annual General Meeting (AGM) of the Finance Correspondents Association of Nigeria (FICAN), in Abuja, yesterday, she said that […] The post How we‘ll achieve $1trn economy — Uzoka-Anite  appeared first on Vanguard News.

By Rosemary Iwunze Despite efforts by the National Pension Commission, PenCom, to encourage personal pension savings, total of 191,240 Personal Pension Plan (PPP), about 92.4 percent of the 206,917 registered PPP accounts are unfunded as at third quarter 2025, Q3’25. According to figures released by PenCom, only 15,677, representing 7.6 per cent of PPP were funded […] The post Personal pension savings stagnant, records 92.4% unfunded accounts appeared first on Vanguard News.

South Africa's debt burden is stabilising for the first time in nearly two decades, Finance Minister Enoch Godongwana announced Wednesday, as Africa's most developed economy shows cautious signs of recovery and pledges increased spending on security.

Eleven South African men allegedly tricked into fighting for Russian forces in Ukraine returned home Wednesday, as political fallout intensifies over recruitment claims linked to former president Jacob Zuma's party.

Iran pushed back Wednesday against U.S. President Donald Trump's pressure tactics ahead of critical nuclear talks in Geneva, with Tehran's parliament speaker warning that negotiations may yield an agreement through "honorable diplomacy".

Mr Okoronkwo, a dual citizen of the United States and Nigeria, previously served as General Manager of the Upstream Division of the NNPC The post US court sentences ex-NNPC official to 87 months over $2.1m oil bribery scandal appeared first on Premium Times Nigeria.

The growth outlook is insufficient to alter unemployment dynamics, some argued

Pope Leo XIV will embark on his first major overseas trip of 2026 from April 13-23, visiting Algeria, Angola, Equatorial Guinea and Cameroon—including a historic first-ever papal visit to Muslim-majority Algeria, the Vatican announced Wednesday.