The Federal Government has signed a landmark $400 million joint strategic cooperation agreement with Stellar Steel Company Limited to establish a state-of-the-art steel plant in Ewekoro, Ogun State, in a …
Radarr Africa
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BusinessEconomyGOVERNMENTIndustrial DevelopmentInfrastructureManufacturing
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BankingCorporate EarningsEconomyFinanceStock Market
GTCO Records N299.9bn Profit Before Tax in Q3 2025
Guaranty Trust Holding Company Plc (GTCO) has released its unaudited financial results for the third quarter of 2025, showing a strong rebound in profitability across its banking and non-banking businesses. …
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BusinessFintechGlobal NewsPartnershipsTechnology
PayPal Partners with OpenAI to Power AI-Driven Shopping on ChatGPT
Global payments giant PayPal Holdings Inc. has entered into a landmark partnership with OpenAI, the creator of ChatGPT, to embed its digital wallet into the popular artificial intelligence platform. The …
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BusinessCorporate EarningsEconomyFinancial InclusionFood ProductionManufacturingMarkets
Nestlé Nigeria Returns to Profit with N39.6bn Pre-Tax Earnings in Q3 2025 After 2024 Loss
Nestlé Nigeria Plc has bounced back to profitability in the third quarter of 2025, recording a pre-tax profit of N39.6 billion, marking a sharp turnaround from the N2.9 billion loss …
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BusinessCapital MarketEconomyFinanceGovernment PolicyTaxation
FIRS Orders Banks and Financial Institutions to Deduct 10% Withholding Tax on Treasury Bills
The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and other financial institutions in Nigeria to begin deducting a 10 per cent withholding tax on interest earned from short-term …
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BusinessEconomyEnergyEnvironmentNigeriaOil & GasTechnology
MEMAN Says Fuel Subsidy Removal Driving Digital and Sustainable Transformation
The Major Energy Marketers Association of Nigeria (MEMAN) has said that the removal of fuel subsidy has opened new opportunities for innovation, investment, and digital transformation in Nigeria’s downstream oil …
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BankingCorporate ServicesEconomyFinanceNigeriaOil & Gas
Tribunal Dismisses General Hydrocarbons’ $718m Claim Against First Bank
The Sole Arbitrator, Hon. Justice Kumai Bayang Akaahs (Rtd), has delivered a final award in the arbitration between General Hydrocarbons Limited (GHL) and First Bank of Nigeria Limited (FBN), ruling …
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EconomyInfrastructureINVESTMENTNigeriaTrade
Lagos Free Zone Touted as Prime Destination for Nordic Investors in Nigeria’s Expanding Economy
The Lagos Free Zone (LFZ), Nigeria’s first private special economic zone developed by Tolaram, has been described as one of the most attractive destinations for Nordic investors seeking long-term opportunities …
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AfricaCorporate Social Responsibility,DevelopmentFinancial InclusionInnovationTechnology
MTN Group Fintech Wins First Regional Platform Business Award
MTN Group Fintech has been honoured with the first-ever Regional Platform Business Award at MTN’s prestigious Y’ello Care Awards, in recognition of its outstanding contribution to community development and social …
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GovernanceGOVERNMENTInnovationLagos NewsSocial MediaYouth Empowerment
Sanwo-Olu Named Grand Patron of Bodex Social Media Hangout for Promoting Digital Innovation
Lagos State Governor, Mr. Babajide Sanwo-Olu, has been honoured by the Bodex Social Media Hangout (BSMH) for his remarkable contributions to digital engagement, technology-driven governance, and media innovation in Nigeria’s …