Femi Otedola, billionaire chairman of First HoldCo, has reaffirmed his long-term commitment to the group following a recent decline in the bank’s profitability and a drop...
Trading on the Nigerian Exchange (NGX) closed slightly higher on Monday with a modest increase in market capitalisation driven by selective price gains, while overall market...
The Nigerian Naira strengthened against the United States Dollar in the informal foreign exchange market on Tuesday as improved dollar liquidity helped ease early-February demand pressure....
Federation Account Allocation Committee (FAAC) disbursed a total of ₦2.34 trillion in December 2025, sharing revenue generated in November 2025 among the Federal Government, state governments,...
Crude oil prices are holding near the $65 per barrel level as global markets weigh geopolitical risks against evolving supply and demand fundamentals. Brent crude, the...
Conoil Plc recorded a sharp decline in earnings for the 2025 financial year with profit falling steeply despite only a modest drop in revenue. Revenue declined...
Jaiz Bank Plc closed 2025 with ₦1.29 trillion in assets, ₦31.04 billion in profit, and 69.62 kobo earnings per share, according to the bank’s unaudited financial...
Beta Glass Plc, Nigeria’s leading glass manufacturing company, has announced its unaudited financial results for the full year ended 31 December 2025. For the financial year...
First HoldCo Plc posted a ₦405.89 billion fourth-quarter loss in 2025 as rising impairment charges and higher operating costs erased gains from interest income and fees....
Oando Plc reported a full-year profit of ₦241.31 billion for the period ended December 31, 2025, despite a sharp decline in revenue and continued margin pressure...