The Central Bank of Nigeria (CBN) has reinforced its commitment to transparency and stability in the foreign exchange market with the successful implementation of the Nigeria...
Dangote Refinery has attained a record 33 million litres per day for its Premium Motor Spirit (PMS) production. The refinery also announced that it has reached...
First City Monument Bank (FCMB) has been sued by Lagos-based finance company, Cool Financial Services, over allegations that it facilitated an unauthorized withdrawal of N150 million...
Nigeria’s Dangote Refinery has expanded its global footprint with the successful export of two cargoes of jet fuel to Saudi Aramco, the world’s largest energy company....
FCMB Group Plc has scheduled a board meeting for February 28, 2025, to deliberate on and approve the company’s audited financial statements for the fiscal year...
Despite sustained macroeconomic headwinds, Conoil, MRS, Total Energies and Aradel posted a combined profit before tax (PBT) of N386.7 billion for the financial year ending December...
Despite Dangote Refinery’s decision to reduce its ex-depot price of Premium Motor Spirit (PMS) from N950 to N890 per litre, the anticipated decline in pump prices...
Lagos State Governor Babajide Sanwo-Olu and former Ogun State Governor Ibikunle Amosun have commended Akinwumi Adesina, President of the African Development Bank (AfDB), for his outstanding...
Stanbic IBTC grew Profit Before Tax (PBT) by 76% year-on-year (y-o-y) to N303.8 billion in the year ended 31 December 2024, compared to N172.9 billion recorded...
Sterling Financial Holdings Company Plc grew gross earnings by 54.2% year-on-year (y-o-y) from N212.9 billion recorded in December 2023 to N328.3 billion in December 2024. However,...