Unilever Nigeria H1 Profit Up 18% to N132bn
Unilever Nigeria's H1 2026 profit after tax rose 18% to N132bn, driven by cash and other income, but core operating profit fell 12% due to rising costs.
Unilever Nigeria's H1 2026 profit after tax rose 18% to N132bn, driven by cash and other income, but core operating profit fell 12% due to rising costs.
Despite FG reforms, multiple taxation persists as top obstacle for Nigerian businesses, says CBN survey.
The Nigerian equities market rose by N191.77 billion on Thursday, closing at N57.619 trillion, despite more decliners than advancers, driven by gains in MTN and other large caps.
A coalition warns proposed tax rules could disrupt Nigeria's $92 billion digital asset market, urging regulators to adopt balanced policies.
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RecommendedCBN and DMO cancelled the August 5 Treasury Bills auction after N4.69 trillion OMO auctions, citing liquidity management.
Noor Takaful and Noor Health will host a historic surplus distribution ceremony in 2026, marking a milestone in ethical insurance in Nigeria.
Aradel Holdings Plc held its 31st AGM, highlighting 2025 acquisitions, 53.3% stake in Renaissance, and three decades of sustained growth.
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Nigerian football legend Daniel Amokachi has been unveiled as 22Bet's Pan-African Brand Ambassador, focusing on community impact and grassroots football development.
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RecommendedGhana's inflation eased to 4.6% in July 2026, down from 5.1% in June, marking the first decline in four months, according to the Ghana Statistical Service.
Digital Assets Coalition urges Nigeria to tax crypto profits instead of transactions, warning current NRS guidelines could stifle adoption and reduce revenue.
The Federal Government launches the Tinubu Light Initiative to provide solar power to one million small businesses, boosting productivity and economic growth.
Germany published a list of 70 shortage occupations to guide foreign skilled workers, spanning health, engineering, education, and IT sectors.
China's government published a list of prohibited items including certain foodstuffs, citing health and disease concerns. Travellers face restrictions on foods with harmful additives and those from outbreak areas.
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RecommendedThe Nigerian Insurers Association (NIA) says NAICOM's recapitalisation rules drove the sector's success, with over N1 trillion raised in capital.
MEMAN urges cassava-based ethanol adoption in petrol blending to lower costs, boost farmers' income, and strengthen Nigeria's energy security.
Ireland's 10-year passport costs €75 online (€90 abroad) or €80 via post, with postage extra. Online is cheaper for residents, but overseas fees shift the balance.
Belgium launched an official website for foreigners to find jobs, listing over 30,000 vacancies and featuring a skills-based search tool.
The Federal Government opens FGN Savings Bond subscriptions for August 2026, offering up to 14.963% annual interest, with a minimum investment of ₦5,000. Subscriptions close August 7, 2026.
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RecommendedDiscover 7 standout features of the Panora Smart Camera by Aile Power, designed for Nigerian homes. From 2K clarity to two-way audio, see why it's a smart security upgrade.
Adedoyin Jaiyesimi and Nonso Eagle reveal the real cost of authenticity: from N800 in the bank to losing opportunities, on the Youth Empowered Podcast.
Saudi Arabia has launched an official website for foreigners to find jobs and relocate, with salaries paid in Saudi riyals. The platform is part of Vision 2030.
Finance Minister Taiwo Oyedele defends Nigeria's economic reforms, attributing rising poverty to necessary fiscal reset, not failure. He cites 10% per capita income growth in 2025 as evidence.
NMDPRA proposes new regulations banning anti-competitive practices like price fixing in Nigeria's midstream and downstream petroleum sector, aiming to foster fair competition.
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RecommendedPresident Tinubu flagged off the 122km Kaduna–Birnin Gwari Road, fulfilling a 2022 campaign promise, with ₦178bn approved for the project.
Beta Glass Plc appoints Boye Olusanya as new board chairman, succeeding Vitus Ezinwa, effective July 30.
NUPRC approves over $57 billion in Field Development Plans since 2024, with 22 offshore projects expected 2026-2030, boosting Nigeria's oil production and investment.
Nigerian banks saw loan demand surge while defaults dropped in Q2 2026, according to CBN data. The central bank's report shows improved credit conditions and asset quality.
Japan's JETRO has launched an official jobs portal for foreigners, listing roles across industries, accessible in English, to attract skilled workers amid labour shortages.
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RecommendedNAHCO Plc reported N14.4 billion profit before tax for H1 2026, up 35% YoY, driven by cargo growth and cost controls, strengthening dividend prospects.