Category: featured

Berger Paints H1 pre-tax profit hits ₦1.20bn on strong sales

Berger Paints Nigeria Plc has released its H1 financial statement, reporting a pre-tax profit of...

34 institutions face CBN sanctions over forex regulatory breaches

The Central Bank of Nigeria has uncovered foreign exchange regulatory violations by some authorised dealers...

Petrol imports lose price edge over Dangote refinery supplies – Report

The cost of importing Premium Motor Spirit (petrol) into Nigeria has risen above the ex-depot...

Seplat sells 10% JV stake to NNPCL for $281.6m

Seplat Energy Plc has signed a legally binding agreement to sell a 10 per cent...

Resident doctors declare indefinite nationwide strike from August 10

The Nigerian Association of Resident Doctors has declared an indefinite nationwide industrial action from August...

Femi Otedola acquires ₦222.20bn First HoldCo shares

The chairman of First HoldCo, Femi Otedola, has acquired 1.77 billion shares of the financial...

Civil service boss admits failure as Reps probe fake agency scandal

The Head of Civil Service of the Federation, Mrs. Esther Didi Walson-Jack, on Wednesday admitted...

Naira holds steady at ₦1,358.63/$ in official FX market

The United States Dollar traded against the Nigerian Naira at an official rate of approximately...

Consumer credit falls for first time in six years

Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per...

2026 budget: FG earmarks ₦400bn for palaces, mosques, civic centres

Nearly N400bn was set aside in the 2026 budget by about 78 Ministries, Departments and...

FIFA offers members $40m to back commercial subsidiary for major events

FIFA has told member associations they will each receive $40 million if they back a...

CBN fines banks N430m over customer complaint failures, regulatory breaches

The Central Bank of Nigeria imposed N430 million in penalties on financial institutions in 2025...