Shoprite capitulates to currency devaluation, foreign exchange shortage as margin slumps
Africa’s largest food retailer, Shoprite’s sales growth in its South African stores did little to prevent a drop in its...
- Thursday, June 04, 2026
BusinessDay
Africa’s largest food retailer, Shoprite’s sales growth in its South African stores did little to prevent a drop in its...
Africa’s largest food retailer, Shoprite’s sales growth in its South African stores did little to prevent a drop in its...
Slow growth in the Chinese economy, unabated U.S-China trade spat has seen Chinese consumers rally behind under-attacked phone rival, Huawei,...
Tier-1 lender, Guaranty Trust Bank (GTBank) has disclosed the bank is committed to meeting the Loan-Deposit Ratio (LDR) policy recently...
Leveraging on increasing retail outlets, downstream operator, Conoil’s half-year revenue for the period ended 30th June 2019 surged 32.56percent to N72.22bn....
Nigeria accounts for over a third of migrant remittance flows to Sub-Saharan Africa. A report released by PwC, titled ‘Strength...
Players in the Nigerian aviation industry are confronted with myriad challenges including increased direct cost and reduced availability of foreign exchange which...
Chinese phone maker, Transsion has announced plans to list in an IPO on Shanghai’s recently opened STAR Market technology board,...
Owners of Piggy and other Nigerian mobile apps have realised that saving money could be a struggle for monthly income...
Ride-hailing platform, Uber recorded its largest-ever quarterly loss of $5.2bn in the second quarter of 2019, the, while reporting revenues of $3.16bn. According...