Conoil Plc, a leading downstream oil and gas company, has reported a 60.5% surge in revenue for the financial year...
Oando Plc recorded strong financial growth in full-year 2024 as revenue rose by 45% to N4.12 trillion from N2.85 trillion...
BUA Foods Plc has delivered an exceptional financial performance in full-year 2024 with turnover surging by 114% to N437.45 billion,...
VFD Group Plc rebounded from a N1.02 billion pre-tax loss in 2023 to post a profit before tax (PBT) of...
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...
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...
FBN Holdings Plc has announced a 142% year-on-year (y-o-y) increase in Profit Before Tax (PBT) to N862 billion for the...
The Lagos State House of Assembly has reaffirmed the removal of Mudashiru Obasa as Speaker, maintaining that the process was...
The Federal Government has launched a $23.2 billion National Energy Compact (NEC) to accelerate Nigeria’s energy transition, tackle persistent power...
The National Assembly, comprising the Senate and House of Representatives, has expressed concerns over poor and low remittances by Ministries, Departments and Agencies (MDAs) of the...
Nova Commercial Bank has petitioned the Federal High Court in Lagos to grant an order winding up Sunrise Products Limited over an alleged failure to settle...
The Nigerian Communications Commission (NCC) is set to publicly name 18 banks that owe a combined debt of ₦200 billion for using Mobile Network Operators (MNOs)...
Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas to mitigate the effect of sanctions...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the ban. According to sources familiar with...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s foreign exchange market. As of January...
Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa, accusing him of multiple frauds. The lawmakers sacked their leader and insisted that...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest production level for Nigeria in four...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services, and tech startups poised to take...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in December 2024. This was Dr. Akinwumi...
