The Minister of Power, Adebayo Adelabu, has again assured Nigerians that President Bola Ahmed Tinubu is determined to deliver steady and uninterrupted electricity supply across the country before the end …
Nigeria
- EconomyEnergyGovernanceInfrastructureNigeriaPolitics
- BusinessCorporate NewsEnergyFinance & ServicesNigeria
Eterna Plc Posts N1.6bn Profit in First Half of 2025
Eterna Plc, one of Nigeria’s leading integrated energy companies, has maintained a strong financial position by posting a profit before tax of N1.6 billion for the first half of 2025. …
- BusinessEventsFinance & ServicesHospitalNigeria
Interswitch Pushes Tech Innovation in Nigerian Hospitality Sector
Interswitch, a top African tech company, has restated its commitment to transforming the hospitality sector across the continent using technology. This was made clear during its participation as an exhibitor …
- BusinessDiasporaEconomyEmploymentINVESTMENTNigeriaReal EstateTravel & Tourism
Pelican Valley CEO Says Real Estate Can Cut Nigeria’s Unemployment by 50%
Dr. Babatunde Adeyemo, the Chief Executive Officer of Pelican Valley Nigeria Limited, has said that Nigeria can reduce its unemployment rate by 50 percent if the country embraces real estate …
- DevelopmentEconomyNigeriaReal Estate
Lagos Housing Market Under Pressure as Rents Keep Rising and Affordable Homes Remain Scarce
The rental market in Lagos has been described as unstable, unpredictable, and filled with hidden rules that many tenants do not understand. This was revealed in the third edition of …
- BusinessCorporate NewsEconomyFinance & ServicesNigeria
Transcorp Power Declares N11.25bn Dividend on Strong Earnings
Transcorp Power Plc, the electricity generation arm of Transnational Corporation Plc (Transcorp Group), has posted strong financial results for the first half of the year ended June 30, 2025. The …
- AgricultureBusinessEconomyManufacturingMarketsNigeria
Dangote Sugar Returns to Profit with N430bn Revenue in H1 2025
Dangote Sugar Refinery Plc (DSR) has announced a strong recovery in its financial results for the first half of 2025, recording a revenue of N430.21 billion, representing a 45.53% increase …
- BusinessEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsNewsNigeria
Guinness Nigeria Returns to Profit with N16.2 Billion in 2025, Celebrates 75th Anniversary
Guinness Nigeria Plc has bounced back to profitability, posting a net profit of N16.2 billion for the financial year ended 2025. This marks a sharp turnaround from the previous year’s …
- Banking, Finance & InvestmentFinance & ServicesMarketsNigeriaWestern Africa
Moody’s Upgrades Outlook on Ecobank Group
Global credit rating agency Moody’s Investors Service has affirmed the ratings of Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, and changed its outlook to stable from negative, …
- DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Nigeria Revenue Service Gets Legal Backing to Borrow Funds, Retain 4% of Non-Oil Revenue Under New Tax Act
The Federal Government has given the newly established Nigeria Revenue Service (NRS) the legal power to borrow funds from any source and retain 4 per cent of the total non-petroleum …