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Guinness Nigeria Plc has reported a loss of N54.7 billion for the financial year ended June 30, 2024. This loss is higher by N36.5 billion compared to the loss experienced by the company in the same period in 2023 of N18.1 billion. Loss before tax also reached N73.6 billion. There was only a slight increase in total revenue from N229.4 …

  One of the world’s most powerful drug lords, Ismael “El Mayo” Zambada, leader of Mexico’s Sinaloa cartel, has been arrested by U.S. federal agents in El Paso, Texas. Images by Reuters Zambada, 76, founded the criminal organization together with Joaquin “El Chapo” Guzman, who is incarcerated in the United States. Guzman’s son, Joaquin Guzman Lopez, was also arrested Thursday …

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The naira fell again against the US dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N6 to close the week at N1,609/$1, up from the N1,603/$1 it traded at on Thursday. The intraday high and low prices recorded during the day were N1,615/$1 and N1,476/$1 respectively, indicating a slim …

Brazilian forward Gabi Nunes is emotional after her game-winning goal in Brazil’s 1-0 victory over Nigeria. Nunes scored the winning goal in the 37th minute, assisted by Marta, who had previously had a goal disallowed for offside. “I am very, very happy for this game. It was a difficult game, but this team is incredible, we trained a lot to …