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GTCO Delivers Strong Earnings, Declares N12.76 Dividend As Profit Hits N1.23trn

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GTCO Delivers Strong Earnings, Declares N12.76 Dividend As Profit Hits N1.23trn

Guaranty Trust Holding Company has reported solid financial performance for the year ended December 31, 2025, with profit reaching N1.23 trillion and interest income...

Rabiu, Elumelu Strengthen Alliance As BUA Foods Hits Record N1.77tn Revenue

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Rabiu, Elumelu Strengthen Alliance As BUA Foods Hits Record N1.77tn Revenue

Nigeria’s leading industrialist Abdul Samad Rabiu and business mogul Tony Elumelu are deepening their long-standing partnership to accelerate industrial growth, as BUA Foods posts...

Nigeria’s Oil Exploration Slows As Activity Drops 45% Amid Fewer Rig Deployments

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Nigeria’s Oil Exploration Slows As Activity Drops 45% Amid Fewer Rig Deployments

Nigeria’s oil exploration activity declined sharply by 45% month-on-month in February 2026, reflecting reduced upstream operations, according to the Nigerian Upstream Petroleum Regulatory Commission. Data...

DR Congo Ends 52-Year Wait With Dramatic Win Over Jamaica To Seal World Cup Return

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DR Congo Ends 52-Year Wait With Dramatic Win Over Jamaica To Seal World Cup Return

The Democratic Republic of the Congo secured a historic place at the 2026 FIFA World Cup after edging Jamaica 1-0 in extra time, marking...

Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows

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Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has called for urgent action to curb the estimated $88 billion lost...

FGN Bonds Attract Strong Investor Confidence with 4% Oversubscription in March Auction

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FGN Bonds Attract Strong Investor Confidence with 4% Oversubscription in March Auction

Nigeria’s March 2026 bond auction recorded solid investor interest, as the Debt Management Office revealed a 4.28% oversubscription for FGN Bonds. Investors submitted bids totaling...

CBN Tightens Digital Safety Net, Gives Banks And Fintechs 3 Weeks To Boost Cybersecurity Transparency

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CBN Wraps Up Recapitalisation As 33 Banks Raise N4.65trn

The Central Bank of Nigeria has directed banks and other financial institutions to submit detailed reports on their cybersecurity frameworks within three weeks, as...

ALGON Pledges Full Implementation Of Tinubu’s Renewed Hope Agenda Across 774 LGAs

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ALGON Pledges Full Implementation Of Tinubu’s Renewed Hope Agenda Across 774 LGAs

ABUJA — Ahead of the 2027 general elections, the Association of Local Governments of Nigeria has pledged full implementation of the Renewed Hope Agenda...

ELECTRICITY: Liquidity Crisis Worsens As FG Pays 4% Of N1.9trn Subsidies

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ELECTRICITY: Liquidity Crisis Worsens As FG Pays 4% Of N1.9trn Subsidies

The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with...

DHL, SON, NAQS, NESREA Launch Cargo Manifest, Licenses & Permits Transmission On NSW

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DHL, SON, NAQS, NESREA Launch Cargo Manifest, Licenses & Permits Transmission On NSW

•Signals revolution in Nigeria’s trade value chain A major shift in Nigeria’s trade modernization journey may have started as global logistics giant DHL, alongside the...

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