Economy

The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …

Cutix Plc, a Nigerian cable manufacturing company listed on the Nigerian Exchange, has reported a sharp decline in profit for the first quarter of its 2025 financial year. The company’s …

Facebook’s parent company, Meta, has entered into a partnership with Safaricom, Kenya’s largest telecom operator, to invest in a new subsea fibre-optic cable project that will connect East Africa to …

The Central Bank of Kenya (CBK) has rejected requests to exempt bank staff loans from its new loan pricing system, insisting that all borrowers must operate under the same rules. …

Peter Obi, the Labour Party’s presidential candidate in the 2023 general elections, has condemned the recent hike in International Passport fees, calling it yet another burden on ordinary Nigerians. In …

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that diaspora remittance inflow into the country has seen a significant increase, rising from $200 million to …

Electric mobility firm Spiro has intensified its drive into Nigeria’s motorcycle market, a move seen as a major step for both the country and the global shift toward sustainable transport. …

Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …

Nigeria is losing about 400,000 hectares of forest every year to unchecked deforestation, a development that charcoal industry stakeholders say threatens both the sector and the country’s environmental commitments. The …

Segilola Resources Operating Limited has reaffirmed its commitment to promoting ethical sourcing in Nigeria’s mining industry following its confirmation as a sponsor of the Gold and Gemstone Conference and Exhibition …