UBA Targets Debt Recovery as Profit Drops 47%, Plans Dividend Return in 2025
United Bank for Africa (UBA) has announced intensified efforts to recover outstanding loans while confirming plans to resume dividend payments...
NASCON Declares N6 Dividend as Profit Soars to N33.5bn, Signals Record Performance Year
NASCON Allied Industries Plc has declared a dividend of N6 per share for the 2025 financial year, following a remarkable...
CBN Maintains FX Market Restrictions on BDCs Over Compliance and Control Concerns
The Central Bank of Nigeria (CBN) has maintained restrictions on Bureau De Change (BDC) operators’ access to the official foreign...
NDPHC, NCDMB Plan 10MW Power Supply for Odukpani Oil and Gas Park
The Niger Delta Power Holding Company Limited (NDPHC) and the Nigerian Content Development and Monitoring Board (NCDMB) are set to...
FCCPC Probes Viral Bread Review, Secures Consumer’s Release
The Federal Competition and Consumer Protection Commission (FCCPC) has launched an investigation into a viral bread review that sparked public...
Sam Pharmaceutical Opens Ogun Plant to Boost Local Drug Production
Sam Pharmaceutical Limited has inaugurated a new manufacturing facility in Ota, Ogun State, in a move set to significantly expand...
Nigerian Bond Yields Rise as Sell Pressure Deepens Market Weakness
Nigeria’s sovereign bond market slipped into negative territory this week as sustained sell pressure across the yield curve pushed average...
Transcorp Hotels Posts Strong Q1 2026 Growth with Revenue Rising to N22.41bn
Transcorp Hotels Plc has reported a strong start to the 2026 financial year, posting notable growth in both revenue and...
NGX Slams 32 Firms with N562.6m Penalties Over Filing Delays
The Nigerian Exchange Limited (NGX) has imposed a total of N562.6 million in penalties on 32 listed companies for failing...
Dangote Urges Local Investment, Pledges N550m Hostel for FUTO Students
Africa’s richest man, Aliko Dangote, has called for increased local investment as a catalyst for attracting foreign capital into Nigeria’s...
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