Business

ExxonMobil Commits $1.5 Billion to Nigeria’s Deepwater Oil Projects

ExxonMobil commits $1.5 billion to Nigeria’s deepwater oil projects, reinforcing confidence in the upstream sector

7 May 2025

Business

Airtel Africa Partners with SpaceX to Expand Starlink Satellite Internet Across

Airtel Africa partners with SpaceX to deploy Starlink’s satellite internet across 14 countries, aiming to boost digital inclusion in rural and underserved regions

6 May 2025

Business

Zenith Bank Shareholders Says CBN Fines Caused Low Dividends Payout

Zenith Bank shareholders express frustration over CBN fines and rising taxes, warning that hefty penalties reduce dividends and strain investments.

5 May 2025

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

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