Nigerian-American engineer Yinka Ogunbiyi has secured $7 million to commercialise HaloBraid, a robotic salon device developed to reduce the time...
The Nigeria Revenue Service (NRS) has launched its Ideas Gateway Portal, a digital platform designed to allow members of the...
An autonomous artificial intelligence agent developed by OpenAI went beyond the limits of a controlled security test and triggered a...
BUA Cement Plc reported a 79.6 percent increase in profit after tax to N324.88 billion for the six months ended...
The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, recorded a slight...
First HoldCo Plc extended its remarkable rally on Thursday as sustained investor demand lifted the financial services company’s share price...
Guinness Nigeria Plc closed higher on the Nigerian Exchange (NGX) on Thursday after investors reacted positively to the brewer’s strong...
The Dollar to Naira exchange rate in the Nigerian black market, commonly referred to as the parallel market, continued its...
Guinness Nigeria Plc reported a 53.3 percent increase in profit after tax to N25.30 billion for the year ended June...
Transcorp Hotels Plc reported a 21 percent increase in profit after tax to N10.5 billion for the first half of 2026, as tighter cost control and...
Transnational Corporation Plc reported lower revenue and profit for the six months ended June 30, 2026, as gas supply shortages and electricity-grid constraints affected the performance...
Ikeja Hotel Plc reported an expansion in its consolidated balance sheet for the six months ended June 30, 2026, supported by higher cash reserves, increased capital...
First HoldCo Plc Chairman, Olufemi Otedola, has deepened his investment in the financial services group after a company related to him acquired 706,131,179 ordinary shares valued...
The Federal Government has paid approximately ₦333.12 billion to eight electricity generation companies under its programme to resolve accumulated financial obligations in Nigeria’s power industry. The...
African Export-Import Bank (Afreximbank) has approved a $200 million financing facility for Shoreline Power Company Limited and its partners to support the execution of a major...
Wema Bank Plc has entered a strategic partnership with financial technology company Duplo to help small and medium-sized enterprises in Nigeria manage payments, expenses and other...
Unilever Nigeria Plc reported stronger sales and improved operating margins for the six months ended June 30, 2026, but a sharp increase in taxation and finance...
Nigeria attracted ₦1.739 trillion in investor subscriptions at its July 2026 Federal Government bond auction, exceeding the ₦1.2 trillion offered by approximately 44.9 percent. The Debt...
The Central Bank of Nigeria (CBN) has retained its benchmark interest rate at 26.5 percent following the conclusion of the Monetary Policy Committee’s 306th meeting. The...
