Economy
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Standard Bank Backs Dangote Refinery IPO, Africa Expansion
4 weeks ago
Standard Bank Backs Dangote Refinery IPO, Africa Expansion
Standard Bank Group has pledged support for the planned listing of the Dangote Petroleum Refinery and future expansion projects across…
CBN Unveils PSV2028 to Strengthen Nigeria’s Digital Economy
June 1, 2026
CBN Unveils PSV2028 to Strengthen Nigeria’s Digital Economy
The Central Bank of Nigeria (CBN) on Monday unveiled the Payments System Vision 2028 (PSV 2028) to strengthen the country’s…
Banks’ Lending to Nigerian Government Increases by N15.66tn in One Year
June 1, 2026
Banks’ Lending to Nigerian Government Increases by N15.66tn in One Year
Nigerian banks significantly ramped up lending to the federal government over the past year, with credit to the public sector…
Honeywell Flour Mills Posts N21.9bn Profit, Declares Dividend
May 31, 2026
Honeywell Flour Mills Posts N21.9bn Profit, Declares Dividend
Honeywell Flour Mills Plc has reported a profit before tax of N21.896 billion for the financial year ended March 31,…
NNPC Ltd. Reports N481bn After-Tax Profit in April 2026
May 31, 2026
NNPC Ltd. Reports N481bn After-Tax Profit in April 2026
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded N481 billion Profit After Tax (PAT) for April…
Nigeria’s Total Expenditure Drops 41.57% Below Budget Target in Q3 2025
May 28, 2026
Nigeria’s Total Expenditure Drops 41.57% Below Budget Target in Q3 2025
Nigeria’s total government expenditure in the third quarter of 2025 stood at N8.03 trillion, falling 41.57 percent short of its…
Federal Government Borrowed N11.89tn but Spent Only N3.10tn on Capital Projects in Nine Months
May 28, 2026
Federal Government Borrowed N11.89tn but Spent Only N3.10tn on Capital Projects in Nine Months
The Federal Government borrowed a total of N11.89 trillion in the first nine months of 2025 but allocated only N3.10…
Banca Sella Becomes First Italian Bank Licensed for Crypto Under MiCA
May 27, 2026
Banca Sella Becomes First Italian Bank Licensed for Crypto Under MiCA
Banca Sella has made European banking history, becoming the first Italian bank to receive regulatory approval to offer cryptocurrency services…
FG Declares Two-Day Public Holiday to Mark Eid-ul-Adha
May 25, 2026
FG Declares Two-Day Public Holiday to Mark Eid-ul-Adha
The Federal Government has declared Wednesday, May 27 and Thursday, May 28, 2026 as public holidays to mark the Eid-ul-Adha…
Nigeria’s Money Supply Reaches N124.99tn Amid Growing Liquidity Pressures
May 25, 2026
Nigeria’s Money Supply Reaches N124.99tn Amid Growing Liquidity Pressures
Nigeria’s broad money supply climbed to N124.99 trillion in April 2026, up from N123.12 trillion recorded in February, reflecting continued…