Monthly Archives: February 2024

According to the CEO of Nigeria Brewery, many Nigerians can no longer afford beer.

According to Hans Essaadi, the CEO of Nigerian Breweries Plc, the country’s economic status has deteriorated so bad that its citizens can no longer afford to purchase beer. During the company’s investor call on Monday after the release of its 2023 results, Essaadi made this statement. “This year has been …

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Oil marketers implore Tinubu to fix the FX rate at N750 per dollar

. Oil marketers representing the Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, have urged President Bola Tinubu to fix the Naira’s exchange rate to the dollar at the 2024 Budget benchmark of N750/dollar. Mr. Benneth Korie, President of NOGASA, addressed journalists in Abuja that the Naira’s persistent devaluation …

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