Nigeria’s major financial institution, Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2026, with a 6% growth in Gross Earnings, from N950 billion reported in Q1 2025 to N1.01 trillion in Q1 2026. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited […]
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The Central Bank of Nigeria (CBN), in conjunction with the Financial Markets Dealers Association (FMDA), has announced the introduction of the Nigerian Overnight Financing Rate (NOFR). Mrs Hakama Sidi-Ali, CBN’s Acting Director, Corporate Communications Department, (NOFR) said this in a statement issued in Abuja on Friday. According to Sidi-Ali, this is a standardised benchmark aimed […]
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Renowned African industrialist and philanthropist, Aliko Dangote, has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, reaffirming his standing as one of the most successful and iconic business leaders of his generation. Dangote joins global influential figures from multiple sectors, including political leaders such as U.S. President Donald Trump, […]
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This April, CardForté turns five. And in Nigeria’s business environment, that’s no small feat. In a space where companies are constantly navigating foreign exchange swings, power challenges, and shifting regulations, reaching a five-year milestone is more than a date on the calendar, it’s a story of resilience, discipline, and staying power….For CardForté, it’s also a […]
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Heirs Insurance group, and United Capital Plc, recently hosted the Yoga and Money Meet Up, an exclusive wellness and financial empowerment event for ambitious women. The event, which was held in Lagos, offered a curated experience combining guided yoga and stress management sessions with expert-led conversations on insurance, investment and asset protection. Speaking on the […]
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An advocacy bod in the Organised Private Sector OPS),the Centre for the Promotion of Private Enterprise (CPPE) has pushed back against a World Bank recommendation suggesting increased importation of food and petroleum products into Nigeria. Speaking from Lagos, CPPE Director, Dr. Muda Yusuf, said the proposal contradicts Nigeria’s economic direction and could undermine long-term […]
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The African Development Bank (AfDB) has approved a $200 million loan for the support of the expansion of Nigeria’s digital infrastructure and drive job creation across the country. The funding will be used to implement the Digital Value Chain Infrastructure for Boosting Employment (D-VIBE) Project, a major initiative aimed at improving connectivity and accelerating […]
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Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream market. A source at the company confirmed that its pricing structure remains intact, with the gantry price at N1,200 per litre and the coastal price at N1,153 per litre. “We […]
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The on-going construction works at the National Agency for Science and Engineering Infrastructure, NASENI’s Renewable Energy Industrial Park, Gora, Nasarawa State is gathering momentum as the project is envisioned to address the country’s energy needs. The project occupying a 40-hectare park designed as a multi-energy hub will help curb capital flight and save foreign […]
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A former Nigeria’s national team Super coach and captain, Sunday Oliseh, has raised the alarm that Nigeria cannot afford to miss out of the 2030 FIFA World Cup finals. Oliseh disclosed that if such happen, the Super Eagles could be erased from the global football relevance after a 12-year break from the major football […]
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Zichis Agro-allied Industries Plc, has held its completion a board meeting in Lagos with the capital market regulating bodies, financial advisers and other major shareholders in its march toards Listing by Introduction a N1.09 billion shares on the floor of the Nigerian Exchange Limited (NGX). The agro-allied company is planning a listing by introduction on […]
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Nigeria’s major agro-allied company, Zichis Agro Allied Plc has, disclosed its plans to list on the Nigerian Exchange Limited (NGX), stating that the move is strategically targeted towards further boosting the company’s growth and visibility. Disclosing the plan at the company’s second Annual General Meeting (AGM) held in Lagos.its Chairman, Hezekiah Oshaba, said the plan […]
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