The Economic and Financial Crimes Commission (EFCC) has filed charges against Afriq Arbitrage System (AAS) and its CEO, Jesam Michael, over alleged investment fraud involving $844,416.36,...
The Nigerian stock market recorded gains on April 22, 2025, with the All-Share Index (ASI) rising 0.48% to 104,739.61 points. Market capitalization increased to N65.8 trillion,...
Nigeria’s top banks saw a windfall in 2024, earning a total of ₦14.26 trillion from interest on loans—nearly double the figure recorded the year before. This...
The Nigerian National Petroleum Company Limited (NNPC) marked the launch of new retail stations with free petrol giveaways to early customers. At its newly opened location...
Credit extended to Nigeria’s private sector reached N76.27 trillion in March 2025, showing a slight increase of 0.03% from the N76.25 trillion recorded in February. However,...
In the first quarter of 2025, Nigeria’s mining sector contributed over N6.9 billion to the government’s coffers, marking a significant financial boost from regulatory fees alone....
Building on its successful operations in Kenya and South Africa, Guala Closures is now investing in Nigeria, Africa’s most populous nation and one of the fastest-growing...
The Nigerian National Petroleum Company Limited (NNPCL) recorded N336.37 billion in revenue from crude oil sales in the first quarter of 2025, with over 32% of...
The Nigerian Exchange Group Plc has announced a final dividend of N2 per share following its 64th Annual General Meeting. The group adopted its Audited Financial...
Sony has increased the price of several PlayStation 5 models across regions including Africa, Europe, and Asia-Pacific, citing inflation and currency volatility. In a statement on...
