The Federal Government of Nigeria recorded a substantial rise in revenue, climbing by 82.4 per cent from N6.8 trillion in 2023 to N12.4 trillion in 2024, according to the World …
Finance & Services
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EconomyFinance & ServicesGOVERNMENTNigeriaPoliciesTrade and Commerce
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AfricaBusinessEconomyEnergyFinance & ServicesNigeriaTechnologyWestern Africa
Baobab Group Sells Majority Stake in Baobab+ to US-Based BioLite
Baobab Group has completed the sale of its majority stake in Baobab+ to BioLite, a renewable energy social enterprise based in the United States. The move marks a significant shift …
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BusinessBusiness InsightsEconomyEnergyFinance & ServicesMarketsNigeriaOil & Gas
TotalEnergies Declares N13.58bn Dividend Amid Shareholders’ Demand for Bonus Shares
otalEnergies Marketing Nigeria Plc has announced a total dividend payout of N13.58 billion for the 2024 financial year, even as shareholders continue to press the board to issue bonus shares—a …
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Banking, Finance & InvestmentCryptocurrencyEnergyFinance & ServicesINVESTMENTMarketsTechnologyTrending Today
Long-Term Investment Strategies for 2025
Introduction Long-term investing involves purchasing assets with the intention of holding them for an extended period, typically several years or even decades. This approach allows investors to benefit from compound …
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DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaOil & GasPolitics
FIRS and RMAFC Form Joint Committee to Strengthen Tax Monitoring and Boost Revenue Sharing
The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have come together to set up a joint technical committee that will help improve how …
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BusinessBusiness InsightsDangote IndustriesEconomyEnergyFinance & ServicesGOVERNMENTInfrastructureNigeriaOil & GasPolitics
Modular Refiners Kick Against Exclusion from FG’s Naira-for-Crude Deal Talks
The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …
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AfricaBusinessBusiness InsightsDigital EconomyEconomyFinance & ServicesGhanaInfrastructureInnovationKenyaNigeriaTechnologyTelecommunicationsWestern Africa
Nigeria’s Termii Tops Media/Telecoms Ranking in FT’s Fastest-Growing African Companies List
Nigerian technology company, Termii, has been ranked number one in the media and telecommunications category and 10th overall on the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The report, …
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BusinessBusiness InsightsFinance & ServicesInsuranceLeadershipNigeria
Enterprise Life Nigeria Appoints Nelson Akerele as New Managing Director
Enterprise Life Assurance Nigeria has announced the appointment of Nelson Akerele as its new Managing Director, succeeding Mrs. Funmilayo Omo, who stepped down after five years of leading the firm. …
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Finance & ServicesManufacturing & Consumer GoodsMarketsNigeria
Nestle, Honeywell, Beta Glass Lead as NGX Gains N257bn on Renewed Investor Interest
The Nigerian Exchange Limited (NGX) recorded a bullish session on Thursday, gaining N257 billion in market capitalisation as investors showed strong interest in consumer goods and industrial stocks, with Nestle …
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BusinessEconomyFinance & ServicesINVESTMENTMarketsNigeriaSecurityTechnology
NASD Plc Returns to Profit with N212.5m in Q1 2025, Driven by Trading Growth and Product Innovation
Nigeria’s Over-The-Counter (OTC) securities exchange operator, NASD Plc, has reported a profit after tax of N212.5 million for the first quarter ended March 31, 2025, marking a strong comeback from …