International Breweries Returns to Profitability with N85.1bn Full-Year Profit in…
International Breweries Plc has completed a strong financial comeback, reporting a profit before tax of N85.1…
Daily Archives
February 4, 2026
11 Million New Contributors Drive N4.5trn Pension Growth as Assets Hit N27.45trn
Nigeria’s pension industry recorded one of its strongest performances in 2025, with assets under management rising…
Africa Energy Bank to Mobilise $10bn Funding for Nigeria, Angola, Libya
Africa is set for a major boost in oil and gas investment as the newly established African Energy Bank (AEB)…
Nigeria Targets $100 Billion Annual Investments in Agribusiness to Drive Economic…
The Nigerian government has announced ambitious plans to attract $100 billion in annual private investments into…
UBA Appoints Loknath Mishra as CEO of UK Subsidiary to Strengthen Africa-Global…
United Bank for Africa (UBA) has named Loknath Mishra as the new Chief Executive Officer of its United Kingdom…
Santander Shares Drop 4% Following $12.2 Billion Webster Bank Acquisition
Santander’s stock fell sharply on Wednesday, down nearly 4%, after the Spanish banking giant revealed plans to…
Banking Stocks Boost NGX Market Cap by ₦340bn as Industrial Shares Rally
The Nigerian Exchange (NGX) recorded a significant boost on Tuesday as banking stocks and select industrial…
Jaiz Bank Earnings Surge to N31.04bn on Strong Financing and Investment Growth
Jaiz Bank Plc has reported a significant rise in its earnings, posting a profit of N31.04bn for the 2025 financial…
Transcorp Hotels Reports N32.8 Billion Profit in FY2025, Declares N1.20 Final…
Transcorp Hotels Plc has announced a strong finish to 2025, posting a full-year pretax profit of N32.8 billion,…
Tinubu Pledges Continuation of Nigeria Economic Reforms as World Bank Applauds…
President Bola Ahmed Tinubu has reiterated that there is “no turning back” on Nigeria’s economic reform agenda,…
Nigeria to Power Africa’s Growth Through Gas: NNPC Unveils $60bn Investment Plan
Nigeria is positioning itself as a key driver of Africa’s economic and industrial future by leveraging its abundant…
Tinubu: Reforms Drive $8bn FIDs and $10bn Capital Inflows in Nigeria’s Oil &…
President Bola Tinubu has hailed recent reforms in Nigeria’s oil and gas sector as transformative, saying they have…
New Tax Reforms Set to Boost Nigeria’s Global GDP Share, Says Abdullahi Hashim
Nigeria’s recent tax reforms are positioning the country as a rising contributor to the global economy, with the…
Nigeria Targets 7% Economic Growth by 2028 Through Structural Reforms, Says…
Nigeria is positioning itself for stronger economic growth, with the Federal Government targeting a 7% expansion of…
Nigeria’s Mobile Internet Speeds Double in Two Years Amid 4G Expansion
Nigeria’s mobile internet experience has taken a major leap forward, with average download speeds more than…
Epstein wanted to trade in Nigeria’s crude oil, but feared being defrauded
Newly released FBI documents reveal that Jeffrey Epstein, the disgraced financier, explored a business deal to…
TotalEnergies 2025 Results Raise Dividend Fears After First Loss in Six Years
TotalEnergies Marketing Nigeria Plc recorded its first major financial setback in six years in 2025, posting a…
Nigeria to Partner Global Allies on Clean Energy Transition — Tinubu
President Bola Tinubu has reaffirmed Nigeria’s commitment to working with African countries, global allies, and the…
Government Securities Now Make Up 11% of Nigerian Banks’ Assets — S&P Warns…
Government securities now account for about 11 per cent of Nigerian banks’ total assets, highlighting years of…
Nigeria Secures $18.2bn Oil Investments as 28 Field Development Plans Signal…
Nigeria recorded a major turnaround in its oil and gas sector in 2025, securing $18.2bn in fresh investments…