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 …
Banking, Finance & Investment
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EconomyFinanceGOVERNMENTInflationINVESTMENTPolicies
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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 …
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BankingBusinessEconomyFinanceINVESTMENTNigeria
Abbey Mortgage Bank Records N1.45bn Profit, Grows Earnings by 56% in Nine Months of 2025
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 …
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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 …