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 …
Economy
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BusinessEconomyEnergyFinanceHospitalityINVESTMENT
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BusinessCapital MarketCryptocurrencyEconomyFinanceRegulation
SEC Raises Alarm Over Nigerians’ Shift to Cryptocurrency
The Securities and Exchange Commission (SEC) has expressed growing concern over the rising preference of Nigerians for cryptocurrency trading instead of investing in the country’s traditional capital market. The Director-General …
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BusinessEconomyEventsFinancial InclusionInsuranceSMEs
Goxi Microinsurance to Host Third Annual Conference on Inclusive Insurance for Low-Income Nigerians
Goxi Microinsurance Limited has announced that it will hold its third annual conference to promote inclusive insurance for low-income households and small businesses in Nigeria. The event, which focuses on …
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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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Debt Management,EconomyFinanceGOVERNMENTNigeriaPolicies
NOA Says Nigeria’s Debt Has Reduced Under Tinubu Despite DMO’s ₦152.4 Trillion Report
The National Orientation Agency (NOA) has said that Nigeria’s debt burden has “significantly decreased” since President Bola Tinubu took office in 2023, dismissing public claims that the country’s debt has …
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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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BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Set to Begin Crude Oil Production Before Year-End
The Dangote Refinery is expected to begin producing crude oil before the end of 2025, marking a major step forward for Nigeria’s energy sector, according to a new report by …
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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 …