Category: All Posts in Business Category
• Business
CBN Records N3.1bn Interest from FG’s Ways and Means Facility
Wafric News – May 11, 2025 The Central Bank of Nigeria (CBN) recorded a steep decline in earnings from the Federal Government’s overdraft facility in 2024, pulling in just N3.1 billion in interest in...
• Business
Airtel Nigeria to Double 2025 Investment, Targets Rural Expansion and 5G Growth
Wafric News – May 10, 2025 Lagos – Airtel Nigeria has announced plans to double its capital expenditure in 2025 as part of an ambitious strategy to broaden rural connectivity and accelerate the expans...
• Business
THC Drinks Are Booming — But Will the High Last?
Wafric News – May 10, 2025 Once unheard of, THC-infused beverages are now flying off store shelves across the U.S., transforming from a niche experiment into a booming industry — and fast. But as sta...
• Business
Emirates Group Soars to $6.2 Billion Profit, Smashes Records for Third Straight Year
Wafric News – May 9, 2025 Dubai — Emirates Group, the aviation giant behind the Middle East’s largest airline, has once again flown into the record books, announcing a staggering $6.2 billion gross...
• Business
U.S. Senators Demand Deeper Probe into Egg Price Hikes as DOJ Investigation Gains Momentum
Wafric News – May 9, 2025 Amid rising concerns over soaring food costs, a bipartisan duo in the U.S. Senate is pushing for a deeper investigation into the American egg industry, applauding the Departm...