The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …
Banking, Finance & Investment
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
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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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BusinessEconomyEnergyFinanceHospitalityINVESTMENT
Transcorp Records 39% Revenue Growth, Posts N413.4bn in Q3 2025
Indigenous conglomerate Transnational Corporation Plc (Transcorp) has reported a strong performance for the third quarter of 2025, recording a 39 per cent increase in revenue to N413.4 billion, up from …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENTNigeria
Nigerian Stock Market Loses N94bn as Investors Take Profit on Blue-Chip Stocks
The Nigerian equities market started the week on a bearish note on Monday, as investors moved to take profits from recent gains in high-capitalisation stocks. The sell-off led to a …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENTNigeria
FCMB Group’s N160bn Public Offer Aims to Build Stronger Financial Base
The Group Chief Executive Officer of FCMB Group Plc, Mr. Ladi Balogun, has said that the company’s ongoing N160 billion public offer will help strengthen its capital base and support …
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BankingEconomyFinanceINVESTMENTNigeriaTechnology
How Mobile Banking Apps Are Helping Nigerians Save, Invest, and Build Wealth Easily
In Nigeria today, mobile banking apps have become more than tools for sending and receiving money. They are now digital partners helping people save automatically, invest wisely, track expenses, access …
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BusinessEconomyEnergyINVESTMENTNigeriaOil & Gas
Aradel Holdings to Acquire Additional 40% Stake in ND Western Limited
Aradel Holdings Plc has announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire a 40 per cent equity interest in ND Western …
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EconomyFinanceGOVERNMENTInflationINVESTMENTPolicies
Finance Minister Wale Edun Says Nigeria’s Economy Has Turned the Corner
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy is on a recovery path, saying the most difficult period is …
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Business InsightsCapital MarketCompaniesCorporate EarningsEconomyHospitalityINVESTMENTNewsNigeria
Ikeja Hotel Plc Posts N4.85bn Profit in Nine Months, Driven by Strong Revenue Growth
Ikeja Hotel Plc has reported a profit after tax of N4.85bn for the nine months ended September 30, 2025, marking a significant increase from the N2.0bn recorded in the same …
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BankingBusinessCapital MarketEconomyINVESTMENTNewsNigeriaOil & Gas
Nigerian Stock Market Gains N4.32tn as NGX Records Strongest Weekly Rally in Months
The Nigerian stock market recorded a massive rebound last week, adding about N4.32tn to its total value as renewed investor confidence lifted trading activity across major sectors. The Nigerian Exchange …