Unilever Nigeria posts profit growth for 2025
Unilever Nigeria Plc says its profit after tax rose to N32 billion for the year ended Dec. 31, 2025, compared...
Petrol hike: NLC demands FG’s intervention
The Nigeria Labour Congress (NLC) has called for government’s intervention to address the surge in petrol prices between N1,170 and...
Naira records two weeks depreciation at official market
The Naira on Friday further depreciated at the official market trading at N1,393.25 against the U.S. dollar. According to data...
Stock market dips 0.08% as investors lose N101bn
Investors lost N101 billion on Wednesday as sell-offs in key stocks pulled the Nigerian stock market back into negative territory...
Nigeria’s net reserves increased to $34.8bn – Cardoso
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s net foreign exchange reserves stood at N34.80...
Dangote Cement revenue hits N4.31trn as profit tops N1trn
Dangote Cement Plc has reported a 20.3 per cent revenue growth to N4.31 trillion for the year ended Dec. 31,...
BUA Cement profit rises to N356bn
BUA Cement Plc recorded a profit after tax of N356.04 billion for the 2025 financial year, representing a significant increase...
CBN reduces interest rate to 26.50%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) by 50 basis points...
Naira gains N11.93 at official market
The Naira, on Monday, opened the week with gain at the official market trading at N1,354.25 against the U.S. dollar....
Naira ends week slightly lower at official market
The naira closed the week slightly weaker on Friday, trading at N1,366.19 to the U.S. dollar at the official market....
CBN releases Fintech assessment report
The Central Bank of Nigeria (CBN) has released a comprehensive assessment of Nigeria’s fintech landscape. According to a statement from...
Naira closes week with further gain
The Naira, on Friday, closed the week stronger further appreciating against the U.S. dollar at the official market to trade...
FirstBank appoints Amaeshi to Samuel Asabia Chair at UNILAG
First Bank Nigeria Ltd. has announced the appointment of Prof. Kenneth Amaeshi as the first occupier of the FirstBank Samuel...
Naira gains N7.93 against dollar at official market
The Naira, on Monday, opened the trading week on a stronger note, appreciating against the dollar at the official market...
Stanbic leads losers’ chart as Nestlé, Guinness, others lift stock market by N331bn
The stock market closed bullish on Thursday, leading to N331 billion gains for investors. This marked the fourth consecutive positive...
CBN removes cash deposit limits, raises weekly withdrawal threshold
The Central Bank of Nigeria (CBN) has removed cash deposit limits and also increased the weekly cash withdrawal limit from...
Naira slightly depreciates by 0.1% against dollar
The Naira on Monday opened the week with a slight depreciation, trading at N1,448.43 against the Dollar at the official...
Naira closes week with 16 kobo gain
The Naira, on Friday, closed the week stronger, trading at N1,436.57 to a dollar at the official foreign exchange market....
Stocks fall as market loses N612bn
The Nigerian stock market maintained its bearish streak on Tuesday, shedding N612 billion. The downturn followed sustained sell-offs in National...
Naira gains N15.23 against dollar at official market
The Naira, on Friday, extended its gain, closing the trading week stronger at N1,421.73 to the dollar at the official...
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