Africa Posts 14% Export Growth In Q1 As Imports Rise 15% – WTO
The World Trade Organization (WTO) said Africa’s merchandise exports rose by 14 per cent year‑on‑year in the first quarter of...
Business
Textile Revival Needs Structural Reforms, Not Bailouts – Manufacturers
The Manufacturers Association of Nigeria (MAN) has urged the federal government to abandon short-term bailout measures and instead implement far-reaching...
Firm Targets 12 African Countries As Assets Under Management Cross N2trn
United Capital Plc has planned to deepen its expansion across 12 African countries and strengthen its retail business after Assets...
BOA Digital Financing Model Will Reach 2m Farmers, $2bn Ginger Economy – MD
The managing-director of the Bank of Agriculture (BOA), Ayodeji Sotinrin said the bank is repositioning its operations around digital lending,...
National grid: TCN confirms N1.28bn payment for solar streetlights outside mandate
The Transmission Company of Nigeria, TCN, has confirmed that it paid N1.28 billion for solar streetlight projects outside its statutory...
Nigerian govt to phase out electricity subsidy by 2027
The minister of Power, Joseph Tegbe has revealed that the federal government plans to phase out subsidy payments in the...
MTN posts N707.5bn profit, gains 4.9m new subscribers in H1’26
MTN Nigeria Communications has reported a 70.6 per cent surge in profit after tax to N707.5 billion and earnings per...
NNPC posts N535bn June profit as revenue hits N4.39tn
However, the company recorded stronger performance in gas production, which increased by 0.86 per cent to 7.841 million standard cubic...
Nigerian Stock Market falls as profit-taking cuts market value by N13bn
The negative performance was largely driven by profit-taking in Fortis Global Insurance, CAP Plc, Veritas Kapital Assurance, Vitafoam Nigeria, The...
Femi Otedola deepens grip on First HoldCo with fresh N222.2bn share purchase
Billionaire businessman and investor, Femi Otedola, has significantly increased his influence in First HoldCo Plc after acquiring an additional 1.77...