Business
Nigeria’s Gold Reserves Increase By N1.28 trillion In 2024
Central Bank of Nigeria reports N2.77 trillion in gold reserves for 2024, driven by global price surges, as external reserves hit new records
3 May 2025
Business
Business
Banks Raise SMS Alert Charges to N6 Following Telecom Tariff Hike
Nigerian banks raise SMS alert charges to N6 per message from May 1, 2025, following NCC-approved telecom tariff hikes.
2 May 2025
Business
FG, NGX Group Target $6 Billion Foreign Investments Boost for Nigerian Economy
NGX Group are targeting $6 billion in foreign investments by 2025 to boost Nigeria’s economy, focusing on infrastructure, SMEs, and green finance.
1 May 2025
Business
MTN Nigeria Records N133.7 Billion Profit in Q1 2025
MTN Nigeria declares N133.7 billion profit in Q1 2025, ending its loss streak; service revenue surges with strong data performance and increased investments.
30 April 2025
Business
Seplat Energy Records N1.23 Trillion Revenue in Q1 2025
Seplat Energy reports a massive jump in Q1 2025 revenue to N1.228 trillion, driven by production growth, Mobil acquisition, and strong financial performance.
29 April 2025
Business
Guinness Nigeria Reports N6.7 Billion Profit for Nine Months
Guinness Nigeria posts a N6.7 billion profit after tax for the nine months ending March 2025, marking a strong recovery fueled by strategic growth and robust revenue gains.
28 April 2025
Business
UBA to Raise ₦144.8 Billion For Capital Requirement And Global Expansion
UBA plans to raise ₦144.8 billion in additional capital to meet CBN’s new requirements and expand operations into France and Saudi Arabia.
27 April 2025
Business
FCCPC Tribunal Upholds $220 Million Fine Against Meta
The FCCPC Tribunal has upheld a $220 million fine against Meta and WhatsApp for data privacy breaches affecting Nigerian users
26 April 2025
Business
Nigerian Banks Rake in N8.41 Trillion from Customer Loans in 2024
Nigerian banks generated N8.41 trillion from customer loans in 2024, marking a 106% increase driven by CBN’s tight monetary policy and higher lending rates.
25 April 2025
Business
FG Targets N900bn–N1.2trn from Domestic Bonds in Q2 2025
Nigeria plans to raise between N900bn and N1.2trn in Q2 2025 via domestic bonds, signaling a shift in debt strategy amid inflation and a N13.08trn budget deficit.
24 April 2025
Top Stories
