The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
Nigeria
- DevelopmentEconomyEnergyEnvironmentGOVERNMENTNigeriaOil & GasPolicies
- BusinessEconomyEnvironmentFinance & ServicesLeadershipNewsNigeria
Unilever Nigeria Appoints Ibrahim Sodipe as Executive Director
Unilever Nigeria Plc has appointed Ibrahim Sodipe as its new Executive Director, effective July 1, 2025. The company announced this appointment in a statement released to the Nigerian Exchange Limited, …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesInternational RelationsMarketsNigeria
GTCO to Raise $100m via London Stock Exchange to Meet CBN Capital Rule
Guaranty Trust Holding Company Plc (GTCO) has announced plans to raise about $100 million through a fully marketed equity offering on the London Stock Exchange (LSE). This move is part …
- Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTNigeriaPolicies
Foreign Investor Backs Nigeria’s Economic Reforms as IMF, CBN Hail Progress
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …
- BusinessEnvironmentInnovationManufacturingManufacturing & Consumer GoodsNigeria
Henkel Nigeria Expands Homecare Portfolio with Launch of WAW Liquid Detergent and All-Purpose Cleaner
Henkel Nigeria has unveiled two new cleaning products—WAW Complete 5 in 1 Liquid Detergent and WAW Active 5 All-Purpose Cleaner—further deepening its presence in the Nigerian homecare market. The launch …
- AgricultureBusinessDevelopmentFood ProductionGOVERNMENTInfrastructureNigeriaSecurityTechnology
Agritech Expert Urges FG to Invest in Cold Storage to Cut $9bn Post-Harvest Losses
A Nigerian agritech expert, Ayomide Olugbade, has called on the Federal Government to invest heavily in cold-chain infrastructure to reduce the huge post-harvest losses that continue to affect the agricultural …
- EconomyFinance & ServicesInsuranceINVESTMENTMarketsNigeria
Royal Exchange Posts N496.8m Profit Amid Lower Earnings
Royal Exchange Plc, a key player in Nigeria’s insurance and financial services sector, has reported a profit after tax of N496.8 million for the financial year ended March 31, 2025. …
- Banking, Finance & InvestmentFinance & ServicesINVESTMENTNigeria
Jaiz Bank Doubles Profit to N23.48bn in 2024
Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has recorded an impressive financial performance for the year ended December 31, 2024, posting a 109 per cent increase in its profit after …
- BusinessInfrastructureInnovationMobile Telecommunications Network (MTN)NigeriaTechnologyTelecommunications
MTN and 9mobile Begin Network Sharing in Nigeria, Full Rollout Expected by July
Telecommunication giants MTN Nigeria and 9mobile have started testing a major radio access network-sharing agreement, with plans to fully implement the partnership across the country before the end of July. …
- BusinessDevelopmentEntrepreneurshipFashion & StyleFinance & ServicesNigeria
Wema Bank Supports Three Nigerian MSMEs with N3m Grants
Wema Bank has given out business grants worth N3 million to three small businesses during the 2025 Lagos Leather Fair, showing its strong support for Micro, Small and Medium Enterprises …