Economy

United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …

Equities across Asia traded mixed on Thursday after the United States Federal Reserve lowered interest rates for the first time since December, leaving investors uncertain about how many more cuts …

Novarick Homes has announced the launch of an ambitious initiative tagged Project 1600 – Vision 2045, a twenty-year plan to deliver 1,600 apartments across four of Nigeria’s key cities: Lagos, …

Despite Nigeria’s removal from piracy-prone and high-risk maritime zones, shipowners are still paying heavy war risk insurance premiums on Nigeria-bound cargoes. Stakeholders say the charges, which have cost the country …

Nigeria’s crude oil production fell again in August, reversing recent gains that had lifted the country above its OPEC quota for two consecutive months. The drop has raised fresh concerns …

The Chairman of Rex Insurance Limited, Mr. Ike Chioke, has called for stronger frameworks in Nigeria’s insurance and pension industries to drive economic growth and deepen financial inclusion. Chioke, who …

The Central Securities Clearing System (CSCS) has reported securities transactions worth N2.112 trillion between May and August 2025, marking a 138.44 per cent increase compared to the N885.93 billion recorded …

There was celebration in Kogi State on Wednesday as Dangote Cement Plc, Obajana Plant, and the Jakura community signed a landmark Community Development Agreement (CDA). The agreement, which will run …

First Bank of Nigeria Limited has been unveiled as the official banking partner for the 2025 edition of the Calabar Entertainment Conference (CEC), an annual gathering of stakeholders in Nigeria’s …

The Independent Media and Policy Initiative (IMPI) has predicted that Nigeria’s inflation rate will decline to 17 per cent by December 2025, citing continued signs of disinflation in the economy. …