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REA Collaborates with 9 Firms to Increase Energy Access

The Rural Electrification Agency (REA) on Monday signed grant agreements with nine renewable energy companies to provide electricity access to 17.5 million Nigerians. The companies are, Privida Power Limited, Baobab Plus, Salpha... Read more »
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Final Dividend of 40 Kobo Approved for May & Baker

May & Baker Nigeria Plc has declared a dividend of 40k for the year ended Dec. 31, 2024. The company disclosed this in a corporate disclosure through the Nigerian Exchange Ltd. on... Read more »
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NGX ASI Up 0.34%, Investors Earn N228bn in Latest Trading Session

At the Nigerian Exchange (NGX) on Monday, equities trading opened the week on a positive note, as the All-Share Index advanced by 0.34 per cent to close at 106,116.18 basis points. Market... Read more »
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Leadway Pensure’s Commitment to Excellence Earns Award Recognition

Leadway Pensure has emerged as a standard bearer of excellence, clinching the prestigious West Africa Pension and Lifestyle Company of the Year at the 14th edition of the West Africa Innovation Awards.This... Read more »
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Lafarge Africa’s Revenue Jumps 80% to N248.3bn in First Quarter

Lafarge Africa Plc has recorded sales revenue of N248.35 billion for the first quarter (Q1) of the 2025 financial year. The Company Q1 ended March 31, 2025, released on the Nigerian Exchange... Read more »
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Nigeria’s Economic Vision: Single-Digit Inflation, Job Creation on the Horizon

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has announced that the Federal Government targeting single-digit inflation and large-scale job creation Speaking at the conclusion of the... Read more »
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Tax Reform Bill to Exempt Real Estate, Construction from VAT Payment

The federal government has declared that the Tax Reform Bill, once enacted, will exempt real estate transactions from Value Added Tax (VAT), a move aimed at reducing the cost of building materials... Read more »
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Continental Hotel Commemorates Workers’ Day with Commitment to Employee Welfare

Continental Hotel’s emphasis on employee welfare and development has created a positive work environment, driving exceptional service and memorable experiences for guests. The cluster director, Human Resources, Continental Hotels, Niyi Agoro, who... Read more »
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Africa Must Act Fast to Secure Investment, Says Okonjo-Iweala Amid Aid Cuts

Director-general of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has warned that African countries must change from reliance on foreign aid and take bolder steps to attract investment, as global donor... Read more »
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Maltina Centre Launched in Kaduna to Boost Skills Development

Nigerian Breweries Plc, has commissioned a state-of-the-art Maltina Skills Acquisition Centre in Kakuri, Kaduna, as part of efforts to empower the people of its host communities. At its commissioning in Kaduna, the... Read more »
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Transcorp Power’s N43.3bn Q1 Profit Shows Strong Growth

Transcorp Power Plc has posted a profit before tax of N43.3 billion in its unaudited results for the first quarter (Q1) ended March 31, 2025. The company, which is the power subsidiary... Read more »
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Shettima Congratulates UBA on 75th Anniversary, Hails Innovation Drive

The Vice President, Senator Kashim Shettima, has extolled what he termed the staying power of the United Bank of Africa (UBA) in the past 75 years, describing the financial institution as a... Read more »
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Nigeria To Adopt Irish Livestock Model For Ranching Reform

The Federal Government is exploring Ireland’s acclaimed livestock and farming model to drive reforms in Nigeria’s livestock sector.Minister of Livestock Development Dr. Idi Mukhtar Maiha disclosed this during a courtesy visit by... Read more »
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Nigeria Growth Outlook Dims

The International Monetary Fund (IMF) has revised downward Nigeria’s economic growth projections for 2025 and 2026, to 3.0 for 2025 and 2.7 for 2026 as global uncertainties grow and sustained weaknesses in... Read more »
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Nigeria To Emerge Net Petroleum Exporter By 2027

Nigeria is on track to become a net petroleum exporter within two years, driven by a surge in local refining capacity, according to the Petroleum Products Retail Outlets Owners Association of Nigeria... Read more »
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N1.75trn Revenue Amidst FX Fluctuations

The Nigeria Customs Service (NCS) has announced a revenue generation of ₦1.75 trillion in the first quarter (Q1) of 2025, surpassing its quarterly target by ₦106.5 billion and marking a 29.96 per... Read more »
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NUPRC Reassures On Transparency Of 2024 Oil Licensing Round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed that the 2024 oil licensing round was conducted with fairness, openness, and inclusivity at its core. Chairman 2024 Bid Round Committee, NUPRC, Bashiru... Read more »
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Nigeria Needs Better Framework To Achieve $500trn Economy

Former President of the Nigerian Bar Association (NBA), Dr Olisa Agbakoba (SAN), has stated that Nigeria’s potential to achieve a ₦500 trillion economy by 2026/2027 can only be realised through the establishment... Read more »
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200 Customers Reap Reward From Keystone Bank

Keystone Bank Limited has rewarded some of its loyal customers in its ongoing ‘Keystone Verve Card Promo’, an exciting campaign aimed at rewarding customers for their everyday transactions. For the February and... Read more »
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Not All Ship-Owners Benefit From $700m CVFF

The Ship Owners Association of Nigeria (SOAN) has called on the Federal Ministry of Marine and Blue Economy not to disburse the $700 million Cabotage Vessel Financing Fund (CVFF) to all indigenous... Read more »