Nigeria’s Petrol Import Bill Drops to $10B in 2025 Amid Growing Domestic Refining
Nigeria’s petrol import bill fell to $10 billion in 2025, down from $14.06 billion in 2024, signaling a growing reliance...
Nigeria Attracts $2.6B FDI in Mining as Alake Advocates Regional Hubs
Dr. Dele Alake has disclosed that the Tinubu administration has attracted over $2.6 billion in Foreign Direct Investment (FDI) into...
Engineer Warns N12.4B Telecom Fines Won’t Improve Service Without Recovery Systems
Sheriff Adepoju has cautioned that Nigeria’s planned N12.4 billion fines on telecom operators for poor service delivery may not lead...
LAPO Microfinance Bank Launches N10 Billion 5-Year Fixed-Rate Bond to Boost Financial Inclusion
LAPO Microfinance Bank has launched a N10 billion 5-year fixed-rate senior unsecured bond under its N30 billion Debt Issuance Programme,...
Unilever Nigeria Reports 128% Surge in Pretax Profit for 2025
Unilever Nigeria Plc has posted a pretax profit of N51.7 billion for the financial year ended December 31, 2025, marking...
Ikeja Electric Reports Reduced Electricity Supply Amid Nationwide Generation Drop
Ikeja Electric has said that residents and businesses across Lagos are experiencing reduced electricity supply following a nationwide drop in...
Adebayo Adelabu: FG Moves to Tackle Gas Shortages Affecting Electricity Supply
Nigeria’s federal government has announced fresh measures to address persistent gas shortages undermining electricity generation, as power supply continues to...
Zenith Bank Plc Appoints Kennedy Okwudili as Executive Director
Zenith Bank Plc has announced the appointment of Kennedy Okwudili as an Executive Director, effective May 1, 2026. The bank...
Moniepoint Acquires Orda Nigeria to Launch Moniebook for Restaurants
Moniepoint has acquired the Nigerian operations of Orda for an undisclosed sum, integrating its suite of products into a new...
Farmers Access N3.4 Trillion in Credit Schemes Amid Calls for Greater Investment
The Federal Government of Nigeria has disclosed that farmers accessed credit schemes totaling N3.4 trillion in 2025 to boost food...
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