Nigerian workers struggle as rising inflation weakens purchasing power – CPPE
Nigeria’s workers are grappling with worsening living standards as inflation continues to erode the real value of wages. This was contained in…
Business
Nigeria, Malaysia recorded $1.21bn trade in five years – Customs
Nigeria and Malaysia recorded about $1.21bn in bilateral trade over five years, according to the Nigeria Customs Service. Figures released by the…
CAC dismisses claims linking cyberattack to DAAR Communications data alteration
The Corporate Affairs Commission has dismissed allegations that it altered the records of DAAR Communications PLC following a recent cyberattack on its…
Tinubu names Odumegwu-Ojukwu as foreign affairs minister
President Bola Ahmed Tinubu has appointed Ambassador Bianca Odumegwu-Ojukwu as Nigeria’s new Minister of Foreign Affairs. The appointment was announced on Wednesday…
Access Holdings announces retirement of deputy MD Chizoma Okoli
Access Holdings Plc has announced the retirement of Mrs. Chizoma Okoli, Deputy Managing Director at Access Bank. The announcement was made in…
Tinubu replaces NMDPRA CEO, names Rabiu Umar successor
President Bola Ahmed Tinubu has approved the removal of Saidu Mohammed as Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum…
Senate okays Yuguda’s appointment as CBN deputy governor
The Nigerian Senate on Wednesday confirmed Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria after a swift screening…
Cadbury Nigeria Q1 2026 profit drops 39% on rising costs
Cadbury Nigeria Plc has reported a pre-tax profit of N5.20 billion in its Q1 2026 results, representing a 39.2 per cent decline…
MTN Nigeria to sell 60% MoMo, Y’ello stake for ₦152bn
MTN Nigeria Communications Plc has announced plans to sell a 60 per cent stake in its fintech subsidiaries, MoMo Payment Service Bank…
Cadbury confirms Ibukun Awosika’s exit after 16 years on board
Cadbury Nigeria Plc has announced that Ibukun Awosika has stepped down from its board after more than 16 years of service. Her…
TotalEnergies profit jumps 51% amid Middle East war oil prices
French oil and gas giant TotalEnergies said Wednesday net profit rose 51 per cent in the first quarter to $5.8 billion, boosted…
Vitafoam posts N8.09bn Q2 pre-tax profit
Vitafoam Nigeria Plc has published its unaudited results for the second quarter ended March 31, 2026, posting a pre-tax profit of N8.089…