…Operating cash flows have surged across sectors, revealing the corporate side of Nigeria’s economic adjustment. Three years after President Bola Tinubu launched the most ambitious...
Kekemeke Karatei realised he had saved up more hope than cash after arriving at the car lot to be informed that the N6 million he had...
The N39 billion after-tax profit of Nestle Nigeria in the first quarter quickly vanished into a massive pile of accumulated losses, and the equity gap is...
The Nigerian Content Development and Monitoring Board (NCDMB) is finalising plans to install a 2.5-megawatt Compressed Natural Gas (CNG) power plant at the Nigerian Oil and...
United Capital Group has announced the acquisition of a 5% equity stake in the Nigerian Exchange Group (NGX Plc). The acquisition was disclosed in a statement issued on Monday,...
The Central Bank of Nigeria (CBN) has absorbed approximately N6.88 trillion from the financial system through Open Market Operations (OMO) auctions in the first two weeks...
The Dangote Group has reinforced its long-standing partnership with the Africa Finance Corporation (AFC) through the signing of a $600 million loan facility to support the...
Mobile phone subscribers in Nigeria and other emerging markets borrowed airtime worth $3.18bn on credit in 2025, with Africa accounting for more than 94 per cent...
Nigerian banks generated N224.69bn from electronic banking services and ATM/card-related charges in the first quarter of 2026, representing a 12.56 per cent increase from N199.61bn recorded...
Traders in Lagos have blamed insecurity in major producing communities, supply shortages, and rising transportation costs for the sharp increase in ginger prices, with a paint...