Mauris Lorem Donec risus consectetuer quis justo In iaculis wisi vitae. Congue nec a interdum.BUA Cement Posts 80% Profit Growth to N324.9bn on FX Gains
BUA Cement Plc reported an 80% year-on-year increase in profit to N324.9 billion for the first half of 2026, supported by foreign exchange gains, lower finance costs, and robust operating…
Etihad Airways Set to Resume Nigeria Flights, Partners Air Peace in Codeshare Deal
Etihad Airways will return to Nigeria after years away from the market, with plans to launch daily flights to Lagos in March 2027 and a new codeshare partnership with Nigerian…
Nigeria’s External Reserves Rise to $52.73bn – CBN
Nigeria’s gross external reserves have increased to $52.73 billion, up from $48.88 billion recorded in January, representing a 7.9 per cent growth, according to the Central Bank of Nigeria (CBN).…
CBN Defends Economic Reforms as Senate Raises Concerns Over Lending, Inflation
The Central Bank of Nigeria (CBN) has defended its monetary and foreign exchange reforms, telling the Senate that the measures have improved macroeconomic stability, restored investor confidence and strengthened the…
Otedola Increases First HoldCo Stake with ₦77.6bn Share Purchase
Chairman of First HoldCo Plc, Femi Otedola, has strengthened his investment in the financial services group after a company linked to him acquired 706.13 million ordinary shares valued at approximately…
NNPCL’s ₦7.13tn Energy Security Spending Comes Under Scrutiny
The Nigerian National Petroleum Company Limited (NNPCL) is facing growing scrutiny over the ₦7.13 trillion it recorded as energy security expenditure in its 2024 audited financial statements. The figure, listed…
Dollar Pricing Row:Marketers Stop Dangote fuel loading, FG Intervenes
Uncertainty has continued to unsettle Nigeria’s downstream petroleum sector as marketers slow fresh purchases of Premium Motor Spirit (PMS) following the Dangote Petroleum Refinery’s reported decision to price its products…
Tinubu Says Economic Reforms Delivering Results, Seeks Stronger Deloitte Partnership
President Bola Ahmed Tinubu has said his administration’s economic reforms are beginning to produce positive results, with Nigeria recording greater fiscal stability and laying the foundation for sustainable growth. The…
Tony Elumelu – Africa’s Banking Titan Takes His Final Bow
There is an old maxim in business that every institution eventually becomes a monument to the imagination, or limitations, of those who lead it. Banks, perhaps more than any other…
CBN Strengthens BDC Reforms with Training for Newly Licensed Operators
The Central Bank of Nigeria (CBN) has reinforced its ongoing reforms of the Bureau de Change (BDC) sector by organising a two-day capacity-building programme for newly licensed operators, aimed at…