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Business

BUA

BUA Cement Plc posts N356bn profit after tax

Its operating profit more than tripled to N504.55 billion in 2025, compared with N144.30 billion recorded in 2024, in spite…
Tinubu

Tinubu hails Lebara Nigeria launch as boost to digital Economy

He acknowledges that investments of this nature are critical to deepening financial inclusion, enabling innovation, and accelerating economic growth.
Where Is the Best Place to Sell Gift Cards for Instant Cash in Nigeria? (Why GCBUYING Leads in 2026)

Where Is the Best Place to Sell Gift Cards for Instant Cash in Nigeria? (Why GCBUYING Leads in 2026)

Selling gift cards for Naira is not as simple as uploading a code and waiting for payment. But GCBUYING has…
AMNI

Court orders stay of execution on appointment of administrator in AMNI Petroleum’s case

"In the result, the Judgment Debtor/Applicant’s AMNI INTERNATIONAL PETROLEUM DEVELOPMENT COMPANY application for stay of execution pending appeal dated and…
Lagos

Lagos, CWEIC unveil ‘Invest Summit 3.0’ to boost Global Investment Visibility

Sanwo-Olu stated that previous editions strengthened global engagement with capital providers and catalysed conversations around bankable projects.
TRANSCORP

Transcorp Group posts record FY 2025 results; PBT hits N179.5bn

Transnational Corporation Plc, listed on the Nigerian Exchange as TRANSCORP, has announced audited full year 2025 results showing record financial…
Seplat

Seplat Energy posts 144% revenue growth, hits $2.73bn in 2025

Gas production was also projected to increase by 30 per cent, driven by contributions from the ANOH Gas Plant, improved…
NUPRC reforms unlock $10bn upstream investment

NUPR sets deadline for Licensing Round applications

The NUPRC, in a statement signed by its management, said the notice was in accordance with Section 11.2 of the…
CBN

NECA, CPPE, stockbrokers welcome CBN’s MPR cut, urge broader reforms

They said the decision of the Monetary Policy Committee, announced by the CBN Governor, Olayemi Cardoso, reflected improving macroeconomic fundamentals…
Harmony Gardens

Harmony Gardens breaks $1bn barrier with Lekki expansion drive

Harmony Garden & Estate Development Limited has expanded its development activities across Ibeju-Lekki, pushing the projected long-term value of its…
Investors lose N1.14trn as NGX reacts to MPC decision

NGX bleeds N1.14trn as investors react to MPC decision

The action of the MPC triggered massive selloffs in stocks such as Daar Communications, Tantalizers, BUA Foods, Ellah Lakes, Japaul…
Cardoso

Cardoso: 20 Banks meet requirements for recapitalisation

The CBN had in 2024 announced a major bank recapitalisation programme requiring Nigerian banks to raise higher capital bases within…
Value Added Tax (VAT)

Survey shows Nigeria’s tax ID portal Is user-friendly, efficient

Government officials added that the unified database will prevent confusion from multiple tax numbers across states and improve revenue administration.…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Forex Alert: CBN buys $190M to slow Naira’s rapid rise

Analysts also said higher oil prices, increasing foreign reserves, and ongoing economic reforms are helping to keep the naira stable…
CBN

CBN cuts Interest Rate again to 26.5%

Other key parameters were left unchanged, with the Cash Reserve Ratio retained at 45 per cent for commercial banks and…
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