CBN recapitalisation drive boosts banking sector confidence
Nigeria’s banking sector is approaching the final phase of the Central Bank of Nigeria’s recapitalisation programme, a regulatory initiative designed to reinforce... Read more.
Tinubu appoints Taiwo Oyedele as minister of state for finance
President Bola Tinubu has appointed Taiwo Oyedele as Minister of State for Finance, forwarding his name to the Senate for confirmation. Oyedele previously chaired... Read more.
NGX group raises shareholder payouts following improved profitability
Nigerian Exchange Group Plc has approved a 50 per cent increase in cash dividends to shareholders after reporting improved financial performance for the 2025 financial... Read more.
German state explores expanded trade, investment partnership with Nigeria
A delegation from Rheinland-Palatinate, a German federal state, has signalled interest in strengthening trade and industrial cooperation with Nigeria. The visit... Read more.
Nigeria’s economic expansion fails to ease pressure on households, small businesses
Nigeria’s economy recorded a 3.87 per cent growth rate in 2025, according to the latest data from the National Bureau of Statistics (NBS). Fourth quarter growth... Read more.
Dollar strengthens against naira at start of new business week
The US dollar opened the first business week of March stronger against the naira, with activity in the parallel market reflecting higher exchange rates compared... Read more.
Dangote Cement seals $1bn expansion deal to deepen Africa footprint
Dangote Cement Plc has signed a strategic agreement valued at over $1 billion with Sinoma International Engineering to construct new cement plants and expand existing... Read more.
Financial institutions to lead Dangote Refinery listing on NGX
Stanbic IBTC Capital, Standard Bank and Vetiva Capital Management have been appointed as lead advisers for the proposed listing of Dangote Refinery on the Nigerian... Read more.
AXA Mansard posts 22% revenue growth to ₦160.6bn
AXA Mansard Insurance Plc has reported a 22 per cent increase in total insurance revenue to ₦160.6 billion for the 2025 financial year. The company attributed... Read more.
Gas constraints trigger nationwide power supply disruptions
The Federal Government has attributed ongoing electricity supply disruptions across Nigeria to constraints in gas supply to thermal power plants. The situation has... Read more.
