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FCMB Group Posts Strong Nine-Month Results

FCMB Group reported strong nine-month 2025 results as profit, interest income, and digital revenues grew despite weaker non-interest gains.
Business

Nigeria Offers $50 Million Lithium Plant to Attract Global Miners

Nigeria offers $50 million lithium plant, duty waivers and security upgrades to lure miners, building processing clusters across multiple states.

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Business

Tinubu Hosts Ghana’s Mahama for Crucial Talks on Sahel Crisis

KEY POINTS Ghana’s Mahama briefed Tinubu on mediation efforts with Mali, Burkina Faso, and Niger,...
Business

NNPCL to Sell Shares Ahead of IPO

The Nigerian National Petroleum Company Limited continues its IPO preparations through partner recruitment for both IPO readiness and investor relations support before its capital market listing.
Business

UBA’s $19 Million Travel Spend: Justifiable Growth or Executive Extravagance?

KEY POINTS UBA’s $19 million travel spend in 2024 more than doubled from 2023,...
Business

DMO Raises N271.2 Billion at March Bond Auction

DMO raised N271.2 billion in its March 2025 bond auction, with overwhelming demand for the nine-year bond and unchanged coupon rates.
Business

Aviation Workers to Close Airports on March 31 Over Assault

Key Points The aviation unions announced their intention to close airports starting March 31,...
Business

9mobile Refutes Shutdown Rumours, Pledges Improved Services

KEY POINTS 9mobile has dismissed the network shutdown speculations because these claims lack basis...
Business

Nigeria Attracts $14billion, €250million Foreign Investments

Nigeria secures $14bn from India and €250m from the Netherlands, with a 300% oversubscription on Eurobonds and strategic MOUs with ten countries.
Business

MTN Group Faces Profit Slump Amid Naira Devaluation and Sudan Conflict

KEY POINTS MTN Group’s headline earnings per share dropped by 69% due to the...
News

How Nigeria Rejected Binance’s $5 million Offer for Gambaryan’s Release

Nigeria rejected Binance's $5 million offer for Tigran Gambaryan’s release, demanding more data and a fair settlement to resolve legal issues.
Business

Nigeria’s Inflation Rate Drops to 23.18% in February 2025

KEY POINTS  Nigeria’s inflation rate dropped to 23.18% in February 2025, down from 24.48%...
Business

BIPC to Open CNG Conversion Centre in Makurdi

BIPC is set to open a CNG conversion centre at its remodeled Makurdi petrol station, providing CNG refueling and vehicle conversion services for a cleaner, cost-effective fuel alternative.
Business

NANS Rejects Telecom Tariff Hike, Threatens Nationwide Protest

KEY POINTS The governing body NANS opposes the telephone-rate growth since it creates undue...
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Business

FCMB Group Posts Strong Nine-Month Results

FCMB Group reported strong nine-month 2025 results as profit, interest income, and digital revenues grew despite weaker non-interest gains.
Business

Nigeria Offers $50 Million Lithium Plant to Attract Global Miners

Nigeria offers $50 million lithium plant, duty waivers and security upgrades to lure miners, building processing clusters across multiple states.
Business

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.
News

Defence Minister Praises Troops for Foiling Benin Coup Attempt

Nigeria’s Defence Minister praised troops for their rapid role in stopping Benin’s coup attempt, calling it proof of Nigeria’s regional security role.

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