The Central Bank of Nigeria (CBN) has forecasted a 4.1% economic growth for 2025, along with a decrease in inflation and an increase in foreign exchange...
Oando PLC has announced that its subsidiary, Oando Energy Resources (OER), has been appointed as the operator of Block KON 13, located in Angola’s Onshore Kwanza...
Guinness Nigeria Plc has reported a pre-tax profit of N20.1 billion for the second quarter ending December 31, 2024. This marks a significant turnaround from the...
Transcorp Power Plc has reinforced its status as one of Nigeria’s top power operators by declaring a N37.5 billion dividend for the 2024 fiscal year. This...
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed optimism about Nigeria’s inflation trajectory for 2025, asserting that the...
First City Monument Bank (FCMB) has committed $35 million to support agriculture and women-led businesses. On January 20, 2025, the bank signed three significant agreements with...
Wema Bank has announced plans to raise an additional N200bn in its final tranche of the recapitalisation exercise. In a statement released by the bank on...
Stanbic IBTC Holdings Plc recently announced that it would allocate 96.3% of its N148.71 billion rights issue proceeds to its banking subsidiary. The rights issue allows...
The Nigerian Exchange Limited (NGX) e-offering platform, NGX Invest, is making significant strides in capital-raising in Nigeria with the introduction of Stanbic IBTC Holdings Plc’s N148.7...
Oando PLC’s shares surged by over 14% in the third week of January, climbing from an opening price of N62.50 to close at N71.80. The company...