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First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

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.

Naira Gains Strength as Foreign Reserves Grow**

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

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...

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,...

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...

Nigeria Hikes Import Duty Rates Amid Economic Crisis

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

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...

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...

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...

How Nigerian Airlines Beat High Costs by Increasing Flight Seats

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

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...

Latest articles

First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

UBA Third-Quarter Profit Reports ₦537.5 Billion Profit

UBA posts N537.5 billion profit in Q3 2025, boosting its capital strength and reaffirming investor confidence through disciplined growth and recapitalisation.

Power Minister Adelabu Disburses N100 Million Grants to Oyo Traders

Adebayo Adelabu launches N100 million empowerment programme in Oyo State to support traders, farmers, and artisans amid economic hardship.