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Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.
News

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...
News

CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$

CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.
Business

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
News

Nigeria’s Naira Plummets to All-Time Low Against Dollar

Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
News

Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates

Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
News

Nigeria’s Foreign Reserves Drop to Lowest Level in Six Years

Nigeria, Africa’s largest economy, is facing a severe foreign exchange crisis as its external...
News

Nigeria Hikes Import Duty Rates Amid Economic Crisis

Nigeria, Africa’s largest economy, is facing a severe economic crisis as the government struggles...
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
News

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...
News

Naira Plummets as Nigeria’s Forex Reserves Hit 18-Month Low

The Nigerian naira has continued to lose value against the US dollar, as the...
Business

How Nigerian Airlines Beat High Costs by Increasing Flight Seats

Nigerian airlines have adopted a new strategy to cope with the high operating costs...
News

Naira plunges to record low of N980 against dollar amid forex crisis

The Nigerian naira has hit a historic low against the US dollar, driven by...

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News

Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.
News

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...
News

Adeleke Dethrones Osun Monarch Jailed in US Over COVID-19 Fraud

KEY POINTS Governor Ademola Adeleke has removed the Apetu of Ipetumodu after his conviction...
News

Tinubu Appoints Fadewa as Homeland Security Adviser

KEY POINTS President Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser...