Wafrik News

• Business

Oando Reports ₦113 Billion Profit After Tax in Q1 2025, Despite Pre-Tax Loss

Wafric News – June 25, 2025Oando Plc has posted a surprising profit after tax of ₦113 billion in the first quarter of 2025, a significant jump of over 90% compared to ₦59.3 billion recorded in the sam...

• Business

Nigeria, Brazil Sign $1B Deal to Boost Agriculture

Wafric News – June 25, 2025Abuja - Nigeria and Brazil have taken a bold step toward reshaping the future of food security and agricultural development on the African continent. On Tuesday, both nation...

• Business

Nigeria, Brazil Strengthen Ties with Over 30 Strategic MoUs in Abuja

Wafric News – June 24, 2025Nigeria and Brazil have taken a bold step toward reshaping South-South diplomacy, with over 30 Memoranda of Understanding (MoUs) on the table as both nations deepen strategi...

• Business

Global Air Travel Disrupted as Middle East Tensions Escalate

WafricNews - June 23, 2025International air traffic has taken a major hit as tensions in the Middle East intensify following U.S. military strikes on Iranian nuclear sites. Airlines across Europe, Nor...

• Business

Farm Produce Prices Rise by 29% in Five Months — NBS

Wafricnews - June 22, 2025Nigeria’s food crisis has taken a grim new turn as fresh data from the National Bureau of Statistics (NBS) reveals a staggering 28.98% spike in the average cost of farm produ...