Naira loses again at official market
Naira fell yet again against the U.S. dollar at the official market on Thursday, extending its decline to two consecutive days at the spot market. It closed at N419.50 to a dollar, implying a N1.17 or 0.30 per cent loss from N418.33 it traded in the previous session on Wednesday,
Cement maker Lafarge Africa’s quarterly profit nearly doubles as sales hit N91 billion
Lafarge Africa’s net profit for the three months to March expanded almost twice as much as its bottom-line one year prior, and the cement maker is anchoring optimism for a similarly strong scorecard this quarter on sustaining a “good demand momentum” and cost control. The firm increased revenue by more
Carlos Ghosn: French prosecutors issue arrest warrant for disgraced businessman
French prosecutors have issued an international arrest warrant for disgraced businessman Carlos Ghosn. Prosecutors in Nanterre, France said that the arrest warrant against the former head of Nissan and Renault was one of five issued. Ghosn fled to Lebanon in 2019 while out on bail facing financial misconduct charges in
France’s left could be decisive in who wins the election. But will they turn out to vote?
Some of France’s left-wing voters are struggling to decide how to vote in the presidential run-off that will see incumbent President Emmanuel Macron face far-right candidate Marine Le Pen. Even those who say they are planning on voting for Macron in the second round said that it would be hard
Russia test-fires new intercontinental ballistic missile
MOSCOW — The Russian military said Wednesday it successfully performed the first test of a new intercontinental ballistic missile, a weapon President Vladimir Putin said would make the West “think twice” before harboring any aggressive intentions against Russia. The test launch of the Sarmat missile comes amid soaring tensions between
FCMB offerings meet customer, regulatory requirements – SON
LAGOS — The Standards Organisationof Nigeria (SON) has again validated the capacity of First City Monument Bank (FCMB) to provide best-in-class products and services that always meet consumer and regulatory requirements. SON, the only regulatory body vested with the responsibility of standardising and regulating the quality of all products in