Business and Economy
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Meet the new NNPC Group CEO: Brilliance, experience, acumen By Kunle Akogun
Following the overhaul of the Nigerian National Petroleum Company Limited (NNPCL) to enhance operational efficiency, restore investor confidence, and make…
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EU prepared to counter Trump’s tariffs -Von der Leyen
Brussels, April 3, 2025 The European Union (EU) has said that it is preparing counter measures in response to new…
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CBN reports strongest net reserve position in over three years
ABUJA The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position…
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6 Nigerian banks report N3trn profit amid complaints, challenging environment
By Ginika Okoye Abuja, April 1, 2025 Six banks in the country have posted N3.41 trillion as Profit After Tax…
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Tinubu congratulates Ovia on Freedom of City of London admission
By Salif Atojoko Abuja, March 31, 2025 President Bola Tinubu has congratulated Mr. Jim Ovia, the founder and chairman of…
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FY 2024: Fidelity Bank records a 210.0% growth in PBT to N385.2bn
…Declares a total dividend of N2.10 per share Lagos, Nigeria, March 29, 2025: Leading financial institution, Fidelity Bank Plc, released…
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Afreximbank and Zep-Re launch the Trans-Africa Bond Alliance (TABA)
NAIROBI, Kenya, March 28, 2025 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Zep-Re (PTA Reinsurance Company) Friday launched the Trans-Africa Bond…
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Abia Govt. begins clearing access road to proposed Abia International Airport runway
By Ihechinyere Chigemeri-Uwom Nsulu(Abia) The Abia Government has commenced the clearing of an 8.53-kilometer access road leading to the proposed…
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Stanbic IBTC Holdings to pay shareholders N38.87 bn as dividend in 2024
By Taiye Olayemi Lagos, March 28, 2025 Stanbic IBTC Holdings has announced plans to pay N38.87 billion in dividends to…
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NIMASA’s crusade to end War Risk Insurance premiums to save Nigeria over $400 billion annually – Osagie Edward
War Risk Insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It comprises…
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Court dismisses Falana’s fraud case against Zinox Boss, Ekeh, others
…It’s a victory for integrity and the rule of law – Counsel For the umpteenth time, the court has thrown…
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DMO declares N1.09trn Sukuk proceeds, targets N300bn in new offer
By Kadiri Abdulrahman Lagos, March 26, 2025 The Debt Management Office (DMO) says the Federal Government has been able to…
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PETROAN lauds NNPC for running PH refinery 180 days non-stop
By Emmanuella Anokam Abuja, March 25, 2025 The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has commended the…
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Afreximbank acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa’s second EUR 750mn Senior Eurobond due 2028
CAIRO, Egypt, March 24, 2025 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully acted as Joint Global Coordinator and Joint Lead…
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Air Peace offers student discount to London
By Itohan Abara-Laserian Lagos, March 24, 2025 Air Peace has announced a 15 per cent discount on economy class tickets…
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Tony Elumelu Foundation grants $15m to 3,000 African entrepreneurs
By Kadiri Abdulrahman Abuja, March 23, 2025 The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support…
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NLNG to improve operational efficiency of domestic LPG supply in Nigeria
In line with its continuous improvement culture, NLNG has committed to working closely with its stakeholders to improve operational efficiency…
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EFCC probes man over $578,000 cash smuggling
By Isaac Aregbesola Abuja, March 22, 2025 The Economic and Financial Crimes Commission (EFCC) has begun investigating Okorie Sunday, arrested…
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Nigeria Customs intercepts undeclared N289.5bn at Abuja airport
By Martha Agas Abuja, March 21, 2025 The Nigeria Customs Service (NCS) has intercepted an undeclared sum of $193,000 (about…
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Dangote Cement appoints Fapohunda as Group Financial Officer
By Taiye Olayemi Lagos, March 19, 2025 Dangote Cement has confirmed the appointment of Dr Gbenga Fapohunda as its substantive…
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Palliatives: Dangote donates 80,000 bags of rice to Lagos residents
… Sanwo-Olu says Dangote prioritize Nigerians’ welfare above profit The Aliko Dangote Foundation, (ADF) has flagged off the distribution…
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NNPC champions effective utilisation of host community funds
Cross section of participants at the KEFFESO Host Communities Development Trust (KHCDT) Stakeholders Forum held in Yenagoa, Bayelsa State By…
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NCDMB launches ‘Champions of Nigerian Content Awards’
The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, has announced the launch of…
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Imo very close to realising digital industrialisation, says Uzodimma
…. Signs pact with US-MAC on Imo Digital City Governor Hope Uzodimma of Imo State has expressed confidence that his…
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NNPC clarifies Naira crude contract with Dangote Refinery
By Emmanuella Anokam Abuja, March 10, 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its contract with Dangote…
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