Business

Cadbury Nigeria records N22bn loss for 2024

Ayorinde Oluokun

12 months ago

Cadbury Nigeria made this known in a corporate disclosure through the Nigerian Exchange Ltd. on Tuesday. The company’s revenue grew…

Six Nigerian banks report N3trn profit amid complaints, challenging environment

Paul Dada

12 months ago

Unegbu regretted that some customers were reluctant about challenging their banks in the event of some ‘illegal’ charges.

Nigeria’s Innovative Approach to Gambling Taxation: A Catalyst for Revenue Growth

Ayorinde Oluokun

1 year ago

The digital evolution of Nigeria's betting industry has prompted authorities to develop innovative approaches to regulation. The integration of the…

NEITI plans review of $6.03bn divestments by IOCs

Paul Dada

1 year ago

He said NEITI would strengthen collaborations with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian National Petroleum Company…

US releases H-1B Visa lottery results: How to check it

Michael Adesina

1 year ago

The United States Citizenship and Immigration Services (USCIS) has started releasing the results of the H-1B visa lottery for the…

Wema Bank records 135% profit growth

Ayorinde Oluokun

1 year ago

The bank has proposed a dividend of N1.00 per share following its strong financial performance in 2024. In a statement,…

Hidden truth about your bank deposits – NDIC speaks out

Kazeem Ugbodaga

1 year ago

NDIC’s statement comes in response to mounting concerns from depositors of the defunct Heritage Bank, particularly those whose balances exceed…

UBA drops important message for customers that will affect you

Kazeem Ugbodaga

1 year ago

To further ensure customer security, the bank reiterated its commitment to fraud prevention, warning customers to remain vigilant against scams.

SEC excited as Tinubu signs Investments, Securities Act 2024 into law

Ayorinde Oluokun

1 year ago

This landmark legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection and introduces critical reforms to…

1xBet fulfills promise, awards prizes to winners of Secret Santa and Dreams Come True promotions

pmnews

1 year ago

1xBet, is pleased to announce that the lucky winners in the Secret Santa and Dreams Come True promotions have received…

We tackle trust deficit, aid digital transactions – Dxhub Digital Limited

Michael Adesina

1 year ago

Dxhub Digital Limited said that since 2018, it has been on a mission to tackle a critical issue in Nigeria’s…

NNPC Ltd ready for Initial Public Offer

Ayorinde Oluokun

1 year ago

He said NNPC Ltd was currently engaging with prospective partners in an exercise tagged, “NNPC Ltd. IPO Beauty Parade” in…

Zenith Bank hits N3.97 trillion in 2024, profit surges by 67%

Oluwapelumi Oluwayemi

1 year ago

The Bank's impressive performance reflects effective risk asset management, an optimized treasury portfolio, and strategic investments, solidifying its leadership in…

Tariff hike: Court delivers judgment in MultiChoice suit against FCCPC May 8

Paul Dada

1 year ago

MultiChoice is seeking to stop the FCCPC from sanctioning it over its recent increase in the DStv and Gotv subscriptions.

Investors panic as Nigerian Stock Market loses N74 billion in one day

Kazeem Ugbodaga

1 year ago

Despite the downturn, some stocks defied the odds. Mutual Benefits Assurance led the charge, soaring by 10 per cent to…

Gadzama arraigned over alleged N34.5m theft

Isa Isawade

1 year ago

Gadzama was arraigned alongside her company, Buildcon Global Services Ltd., on a two-count charge bordering on stealing and retention of…

Kogi farmers reap bumper dry season rice harvest

Isa Isawade

1 year ago

“As VCDP farmers in Kogi, we have every reason to celebrate having witnessed a remarkable increase in our dry season…

Mathematically proven: 1xBet platform has the highest odds!

Michael Adesina

1 year ago

The odds are the probability of a sporting event's outcome, including the bookmaker's profit. 1xBet has the lowest commissions, which…

Wema Bank shakes up Women’s month with ₦11M cash splash for 131 Women

Kazeem Ugbodaga

1 year ago

Expressing appreciation to customers, Oseni added, "To the 131 women who emerged winners, I say a hearty congratulations to you,…

UBA dividend sparks Stock Market boom as Investors rake in N369bn gain

Kazeem Ugbodaga

1 year ago

The dividend revelation from UBA set off a chain reaction, boosting confidence in the banking sector and propelling market breadth…

CJ creates Insolvency Unit at Federal High Court

Ayorinde Oluokun

1 year ago

The creation of the insolvency unit was also in line with the Nigeria Deposit Insurance Corporation (NDIC) Act, 2024, and…

No Mercy! SEC declares war on fraudsters in Capital Market

Kazeem Ugbodaga

1 year ago

Agama minced no words, stressing that investor protection remains paramount, and any operator caught engaging in fraudulent practices will be…

HIZO Technology Limited: Transforming Lives and Livelihoods for Nigeria’s Vibrant Diaspora in Kenya

Michael Adesina

1 year ago

Hizo is a cross-border payment solution specifically designed to help Nigerians spend naira in African countries. It eliminates the hassle…

Elumelu Foundation grants $15m to 3,000 entrepreneurs

Isa Isawade

1 year ago

Elumelu, who is also the Chairman of Heirs Holdings, Transcorp, and United Bank for Africa (UBA), reaffirmed his commitment to…

FCMB storms Ogbomosho with new branch to supercharge local economy

Kazeem Ugbodaga

1 year ago

The expansion, aimed at boosting financial inclusion and local economic growth, was formally inaugurated on March 12 in a ceremony…

NGX, CBN empower students with financial skills

Paul Dada

1 year ago

This initiative formed part of the 2025 Global Money Week celebration, aimed at promoting financial awareness among young people globally.

Dairy Revolution! Oyebanji declares Promasidor a ‘Strategic Partner’ in Ekiti’s Growth

Kazeem Ugbodaga

1 year ago

The governor further assured Promasidor of his administration’s commitment to fostering a business-friendly environment.

BOI announces N10bn GLOW fund for female entrepreneurs

Paul Dada

1 year ago

“Our goal today is to listen, simplify financing processes, and build a strong network that fosters sustainable growth,” Olusi stated.

Dangote Cement taps Fapohunda to steer its finances

Kazeem Ugbodaga

1 year ago

Before joining Dangote Cement, Fapohunda held key leadership roles, including: Executive Finance Director (West Africa), Japan Tobacco International; Finance Director,…

₦289bn wiped out! Stock Market crashes as investors panic

Kazeem Ugbodaga

1 year ago

The downward spiral continued with WAPIC Insurance shedding 9.27 per cent to ₦2.35 per share, while MRS Oil Nigeria tumbled…

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