Meta Description: Abbey Mortgage Bank Plc has posted a profit after tax of N1.45 billion for the nine months ended September 2025, a 56% increase driven by higher interest income …
Banking, Finance & Investment
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BankingBusinessEconomyFinanceINVESTMENTNigeria
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BusinessCapital MarketCurrency & ExchangeEconomyFinanceINVESTMENTStock Market
NGX Gains N479bn as Investors Cheer Economic Reforms, Blue-Chip Stocks Lead Rally
Nigeria’s equities market continued its bullish momentum on Thursday, gaining N479 billion in market capitalisation as investor confidence strengthened on the back of ongoing economic reforms and improving macroeconomic indicators. …
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BusinessCorporate EarningsEconomyEnergyINVESTMENTOil & Gas
Savannah Energy Records $185.2m Revenue in Nine Months, Expands Nigerian and East African Operations
British independent energy company, Savannah Energy Plc, has announced a total revenue of US$185.2 million for the nine months ending September 30, 2025 — representing a 9 per cent increase …
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BusinessEconomyGovernment PolicyINVESTMENTManufacturingTrade
Abia State, Abuja Chamber Invite Turkish Investors Ahead of Abia-Türkiye Investment Summit
The Abia State Government, in partnership with the Abuja Chamber of Commerce and Industry (ACCI), has called on Turkish investors to take advantage of the vast business and investment opportunities …
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EconomyEnergyGOVERNMENTINVESTMENTOil & GasRegulation
Lokpobiri Commends NUPRC Chief for Transforming Nigeria’s Upstream Oil Sector
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has praised the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, for what he …
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African DevelopmentBusinessEconomyGovernanceINVESTMENTLeadership
Tony Elumelu Urges African Leaders to Create Stable Business Environment for Private Sector Growth
The Group Chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, has called on African policymakers to prioritise the creation of a stable and predictable business environment that …
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AgricultureBusinessDevelopmentEconomyINVESTMENTSustainability
WACOT Secures €1.26m Grant to Empower 3,500 Smallholder Sesame Farmers in Jigawa and Kebbi
WACOT Limited, a subsidiary of Tropical General Investments (TGI) Group, has received funding support worth about €1.26 million (approximately ₦2.25 billion) from DEG Impulse to empower 3,500 smallholder sesame farmers …
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EconomyEnergyGovernanceINVESTMENTOil & GasRegulation
NNPCL Urges NUPRC to Deepen Investment Drive in Deepwater Projects to Keep Nigeria Competitive
The Nigerian National Petroleum Company Limited (NNPCL) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to strengthen its role in facilitating new investments, especially in deepwater oil projects, to …
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BusinessCapital MarketEconomyFinance & ServicesINVESTMENTNigeriaStock Market
Nigerian Stock Market Gains N611bn as Industrial Stocks Lift Investor Confidence
The Nigerian Exchange (NGX) opened the week on a strong note as investors recorded a combined gain of ₦611 billion, driven by renewed interest in industrial and mid-cap stocks, particularly …
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EnergyGovernanceInfrastructureINVESTMENTNigeriaPower & Energy,
Kano, Katsina, Jigawa partner on tri-state electricity market, to acquire stake in Future Energies Africa
The governments of Kano, Katsina, and Jigawa States have agreed to form a partnership on the proposed Tri-state Electricity Market and jointly acquire equity stakes in Future Energies Africa (FEA) …