Economy

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Equities Market Sheds Bearish Trend, Gains N3.24trn

Equities Market Sheds Bearish Trend, Gains N3.24trn

The equities market has reversed its bearish trend on Friday, closing the week on a positive note with investors gaining…
Airtel Africa Profit Jumps 115% to $1.41bn

Airtel Africa Profit Jumps 115% to $1.41bn

Airtel Africa Plc has recorded a 114.67 per cent surge in pretax profit to $1.41 billion for the financial year…
FirstHoldCo Grows Gross Earnings to N3.4trn in 2025

FirstHoldCo Grows Gross Earnings to N3.4trn in 2025

FirstHoldCo Plc says its gross earnings rose by 6.9 per cent to N3.4 trillion for the year ended Dec. 31,…
CAC Unveils Direct Payment Option on Business Registration Portal

CAC Unveils Direct Payment Option on Business Registration Portal

The Corporate Affairs Commission (CAC) has unveiled a direct payment feature on its Intelligent Company Registration Portal (iCRP), replacing the…
Access Holdings Explains Dividend Suspension Amid Strong 2025 Profits

Access Holdings Explains Dividend Suspension Amid Strong 2025 Profits

Access Holdings Plc has clarified that its inability to pay dividends for the 2025 financial year was due to regulatory…
African Oil Firms Unite to Tackle Energy Poverty – PETAN Boss

African Oil Firms Unite to Tackle Energy Poverty – PETAN Boss

Mr. Wole Ogunsanya, Chairman of Petroleum Technology Association of Nigeria (PETAN), says African oil and gas firms are joining forces…
Domestic Challenges Behind Petrol Price Hike, Says Expert

Domestic Challenges Behind Petrol Price Hike, Says Expert

An energy economist, Prof. Wumi Iledare, says the recent increase in petrol prices to between N1,370 and N1,400 per litre…
Zenith Bank Names Engr. Mustafa Bello as New Board Chairman

Zenith Bank Names Engr. Mustafa Bello as New Board Chairman

Zenith Bank Plc has named Engr. Mustafa Bello as the new Chairman of its Board of Directors, with the appointment…
NNPC Seals Deal with Chinese Firms to Fix Refineries After $2.4bn Spent

NNPC Seals Deal with Chinese Firms to Fix Refineries After $2.4bn Spent

The Nigerian National Petroleum Company Limited (NNPC) has signed a Memorandum of Understanding (MoU) with two Chinese firms to rehabilitate…
Jim Ovia Retires as Zenith Bank Chairman After 12-Year Tenure

Jim Ovia Retires as Zenith Bank Chairman After 12-Year Tenure

Jim Ovia, the founder and Group Chairman of Zenith Bank Plc, has officially retired from his position after completing a…
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