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Bola Tinubu Refutes Allegations of Contemplating Relocation of Nigeria’s Capital from Abuja to Lagos
Nigeria’s President, Bola Tinubu, has refuted any intentions to relocate the country’s capital from Abuja to Lagos, dismissing such rumors as baseless and attributing them to political opponents. The speculation gained momentum before Tinubu assumed office in May and intensified following the announcement of the relocation of the airports agency and a central bank department […]
Nigeria Economic Outlook H2-2020: Up in the Air
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Unilever Nigeria: Is first half-year loss in over 5 years bad omen for FMCGS?
Unilever Nigeria posted its first halfyear loss since at least 2013, according to available NSE records, suggesting that Fast Moving and Consumer Goods companies (FMCGS) in Nigeria may be up for a significantly challenging year, no thanks to the coronavirus pandemic. Unilever Nigeria in the six months of the year to June 30 made a […]