Amid economic struggles, seven leading Nigerian banks collectively posted a profit of N4.2 trillion for the 2024 financial year. These banks—Zenith Bank, United Bank for Africa...
By Emeka Ejere A chattered accountant, Chief Blakey Ijezie, has described the impressive performance of Zenith Bank Plc as a testament to the vision, strategy, and...
Nigeria’s net foreign exchange reserves have reached their highest level in over three years, according to new data released by the Central Bank of Nigeria (CBN)....
The Central Bank of Nigeria (CBN) is intensifying efforts to enhance foreign exchange (FX) inflows, ensuring greater access for manufacturers and retail users. Through various initiatives—ranging...
Nigeria’s top business magnates—Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola—have once again secured their positions on Forbes’ 2025 ‘Africa’s Billionaires List.’ The updated rankings,...
Maritime exports in Nigeria exceeded imports by 39.76% in 2024, reflecting a significant shift in trade patterns, according to the National Bureau of Statistics (NBS). The...
The Nigerian National Petroleum Company Limited (NNPC Ltd) is in the final phase of preparations to enter the capital market with an Initial Public Offering (IPO),...
The Port Harcourt refinery has completed 180 days of continuous operation, a milestone celebrated by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). After...
The Nigerian Senate has urged the Ministry of Communications, Innovation, and Digital Economy to work closely with telecommunications providers to reassess the recent surge in data...
Amid ongoing financial challenges in Nigeria’s electricity supply sector, Federal Government subsidies to the Nigerian Electricity Supply Industry (NESI) escalated to N1.92 trillion last year. Despite...