The Nigerian stock market opened the week strong on Monday, April 29, 2025, with investors witnessing a continued bullish trend. The market capitalisation rose by N228.48 billion as investors took …
Economy
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ROGEAP, Ecobank to Train 50 SMEs in Solar Energy Business
The Regional Off-Grid Electricity Access Project (ROGEAP), in collaboration with Ecobank Nigeria, has announced plans to train 50 small and medium enterprises (SMEs) in the solar energy sector through a …
- AFRICA NEWSBusinessBusiness InsightsEconomyINVESTMENTMarketsNigeria
Transcorp Hotels Grows Revenue by 52% in Q1 2025, Hits N21bn
Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc, has announced a major leap in revenue for the first quarter of 2025. The company recorded N21 billion in revenue, marking …
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FG Waives N97bn Food Import Duties, But Nigerians Say Prices Still High
The Federal Government has waived a total of N97 billion in import duties for essential food items like maize, rice, and sorghum between 2024 and the first quarter of 2025. …
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NCC, Lawmakers Begin Review of 22-Year-Old Telecom Law to Match New Tech Era
The Nigerian Communications Commission (NCC) and lawmakers at the National Assembly have started the process of reviewing the Nigerian Communications Act (NCA) 2003, which has been the foundation of Nigeria’s …
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Guinness Nigeria Bounces Back with N6.7bn Profit in Nine Months
Guinness Nigeria Plc has bounced back into profitability, posting a profit after tax of N6.72 billion for the nine months ended March 31, 2025. This is a major turnaround for …
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Refineries: Experts Question NNPCL Over Transparency, Efficiency
There is fresh controversy surrounding Nigeria’s state-owned refineries, as industry experts and oil marketers continue to question the Nigerian National Petroleum Company Limited (NNPCL) over the poor performance of the …
The National Pension Commission (PenCom) is stepping up efforts to recover unpaid pension contributions from electricity generation and distribution companies across Nigeria. Omolola Oloworaran, the Director-General of PenCom, led a …
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How AI is reshaping workforce, creating job opportunities
Artificial Intelligence (AI) is rapidly changing how work is done across the world, and Nigeria is not left out. As businesses adopt automation, machine learning, and AI tools to help …
The Pension Transitional Arrangement Directorate (PTAD) has reassured pensioners of its strong commitment to solving important issues affecting them, including the payment of the newly approved N32,000 pension increase and …