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 …
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …
Nigeria’s insurance industry is preparing for major changes following the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 by President Bola Ahmed Tinubu earlier this month. The new …
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Petrobras, Brazil’s state-owned oil firm, is exploring new opportunities in Nigeria’s upstream oil and gas sector, with particular focus on …
The Nigerian naira lost a little ground in the official foreign exchange market on Monday, slipping from N1,535.03 to N1,536.42 per dollar. The minor drop, according to market analysts, was …
The United Bank for Africa Plc has launched the fifth season of its Supersavers Promo, which will reward customers with N150 million in prizes while encouraging more Nigerians to embrace …
PepsiCo, the multinational food and beverage giant, has deepened its presence in Nigeria with the unveiling of a new snack production plant through a strategic partnership with global logistics company …
The Gutenberg Print Professionals Association of Nigeria (GUPPAN) has strongly criticised the Federal Government’s new directive stopping Ministries, Departments, and Agencies (MDAs) from outsourcing printing contracts to private companies. The …
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …