Tag:
decline
Business
Economic Headwinds: Manufacturer’s Production Volume, Investment Decline In Q4
A survey conducted by the Manufacturers Association of Nigeria (MAN) has revealed worsening impacts of the macroeconomic environment on the manufacturing sector in the...
Tech
MTN Sells Guinea Business To Stem Revenue Decline
MTN Group has officially sold its telecommunications operations in Guinea, making a strategic move to focus on markets with greater potential for growth and...
Tech
Revenue Decline: Jumia Faces $20m Loss, Withdraws from South Africa, Tunisia
E-commerce giant Jumia Technologies AG has reported a $20.1 million operating loss for the third quarter of 2024, marking a 10% increase from the...
Business
Naira Rebounds Below N1,600/$1 After Three-Day Decline
The naira made a significant recovery on September 6, 2024, after three days of consecutive declines in the official market. The currency, which had been...
Business
Naira Struggles as FX Market Faces Sharp Decline, Liquidity Issues
In a troubling development for Nigeria's economy, the turnover in the foreign exchange (FX) market has plummeted by 25% in August 2024. This sharp decline...
Featured
Peter Obi Decries Nigeria’s ‘Economic Decline’, Demands Rapid Reforms
Former Anambra State Governor and Labour Party presidential candidate in the 2023 election, Peter Obi, has warned about Nigeria's economic decline over the past...
Business
Inflation, Food Prices Expected to Decline Starting July – Rewane
A well-respected analyst Bismarck Rewane, CEO of Financial Derivatives, has forecasted a decline in both inflation and food prices starting from July to August...
Culture
Producer Laments Decline of South East Entertainment Industry
Movie producer Ichaka Eziokwu has voiced deep concerns about the decline of the entertainment industry in the Southeast. Eziokwu's remarks are captured in a viral...