FBN Holdings Plc, one of Nigeria’s prominent financial institutions, has appointed Mr. Olufemi Peter Otedola, CON, as its new Chairman of the Board of Directors, effective...
In view of the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers’ annual tax...
The Nigerian Naira declined further against the United States Dollar on the black market on Wednesday, according to currency traders. The local currency was exchanged at...
Oil prices dipped on Wednesday as concerns over China’s economic performance and escalating tensions in the Middle East weighed on market sentiment. Brent crude oil, against...
Wema Bank Plc, one of Nigeria’s banks on Wednesday reported a 104.7% increase in profit before tax from N14.88 billion in 2022 to N30.46 billion in...
Geregu Power, the brainchild of business magnate Femi Otedola, has announced a 60% surge in its bottom line, boasting a record profit of N16.1 billion for...
Fidelity Bank, one of Nigeria’s leading tier II banks, experienced a remarkable growth trajectory in its financial performance for the year ended December 31, 2023. According...
UAC of Nigeria PLC reported a 9% increase in revenue to N119 billion in the 2023 financial year as key segments recorded solid growth in the...
Amidst anticipation of a Federal Reserve rate cut, the global demand for gold is expected to surge in 2024, according to projections from the World Gold...
Plans by military-ruled Mali, Niger and Burkina Faso to break away from a West African bloc have the potential to backfire on their already fragile economies...