Dangote Refinery to employ 95,000 skilled workers for expansion to 1.4m bpd
President of Dangote Group, Aliko Dangote, has announced that the expansion of the Dangote Refinery to a production capacity of...
UBA total assets grow by 9.4%, repositions balance sheet for sustainable growth
Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced its audited financial results for the year ended December...
March revenue: FG N789.159bn, states N657.596bn, councils N468.826bn
The Federation Account Allocation Committee (FAAC) has shared N2.036 trillion among the Federal Government, states and Local Government Councils (LGCs)....
CBN, FMDA announce new money market benchmark
The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has announced the introduction of...
NDIC seeks court orders to liquidate 89 failed banks
The Nigeria Deposit Insurance Corporation (NDIC) says it has begun the process of concluding the liquidation of 89 closed Microfinance...
Naira gains N12.41 at official market
The Naira, on Tuesday, further appreciated at the official market trading at N1,343.76 against the U.S. dollar. According to data...
Oil output drops to 1.51mbpd, as NNPC remits N1.804trn
Crude oil and condensate fell to an average of 1.51 million barrels per day (mbpd) in February 2026, even as...
AfDB approves $200m loan to boost Nigeria’s digital backbone, jobs
The African Development Bank Group (AfDB) has approved a $200 million loan to support Nigeria’s digital infrastructure expansion and job...
Tinubu hails Dangote at 69, applauds his contributions to Nigeria’s economic growth
President Bola Tinubu has extended warm felicitations to Alhaji Aliko Dangote, Africa’s foremost industrialist, on his 69th birthday, applauding his...
Naira gains N14.83 at official market
The Naira, on Wednesday, appreciated at the official market trading at N1,371.82 against the U.S. dollar. According to data released...
Zenith Bank posts N1.26trn profit before tax, proposes higher dividend
Zenith Bank Plc has recorded a profit before tax (PBT) of N1.26 trillion for the year ended Dec. 31, 2025,...
Airtel grows subscriber base to 650m, ranks second globally
Bharti Airtel has announced that it has surpassed 650 million mobile subscribers globally, becoming the second-largest telecommunications operator in the...
Flutterwave secures CBN approval for banking services
Flutterwave has secured regulatory approval from the Central Bank of Nigeria (CBN) to provide banking services in Nigeria. The Founder...
GTCO Plc releases 2025 Full Year Audited Result
*Declares Another Record Dividend of ₦12.76k; Re-affirming Unrivalled Capacity to Creating Value Guaranty Trust Holding Company Plc (“GTCO” or the...
CBN concludes banking sector recapitalisation as operators raise N4.65trn
The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March...
TotalEnergies posts loss as revenue falls by 26%
TotalEnergies Marketing Nigeria Plc has recorded a 26 per cent drop in revenue to N767.63 billion for the year ended...
UAC of Nigeria posts 39% profit decline
UAC of Nigeria Plc reported a 39 per cent decline in profit for the 2025 financial year to N9.91 billion,...
Equities market loses N276bn on sell pressure
The Nigerian stock market opened the week on a bearish note, with investors losing N276 billion in market value. Sell-offs...
ACAMB lauds Banking Sector’s Resilience on meeting recapitalisation deadline
*Commends CBN’s Global Recognition The Association of Corporate Affairs Managers of Banks (ACAMB) has commended the Nigerian banking industry for...
Naira strengthens further at official market
The Naira on Friday appreciated at the official market, closing at N1,380.57 against the U.S. dollar, extending its recent gains....
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