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.
UBA plans to raise ₦144.8 billion in additional capital to meet CBN’s new requirements and expand operations into France and Saudi Arabia.
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.
Despite the euro’s surge against the U.S. dollar in global markets, the Nigerian naira remained steady on the parallel market
Foreign investors acknowledge Nigeria’s macroeconomic reforms but raise concerns about oil volatility, capital repatriation risks, and high market costs at CBN’s investment forum in New York.
Nigeria’s palm oil sector is set for a major revival with a new strategic plan targeting 1.5 million hectares, increased investments, and a roadmap to reduce the nation’s import dependence and create jobs.
Nigeria’s annual inflation surged to 24.2% in March, up from 23.2%, driven by a weakening naira and falling oil prices amid global trade tensions.
China retaliates with an 84% tariff on US imports after President Trump’s 104% tariff on Chinese goods, sparking global market concerns.
Nigeria’s financial markets reel from global tariff tensions as the naira weakens despite CBN’s $321m intervention
Transcorp Hotels Plc declares a total dividend of N7.57 billion for 2024, reflecting its strong revenue growth, profitability, and improved guest experience.
