Category: Business

MTN Nigeria returns to profitability with N1.11trn net profit

  MTN Nigeria Communications Plc has reported a profit after tax of N1.11 trillion for the full year ended 2025, representing a recovery from a loss of N400.44...

Profit-taking drags equities market down by 0.41%

    Stock       The Nigerian stock market recorded 0.41 per cent decline on Thursday, indicating N515 billion loss for investors.  ...

EFCC operative testifies in Nigeria in UK trial of Alison-Madueke

  Definitely Allison-Madueke     Mr Chinedu Eneanya, an operative of the Economic and Financial Crimes Commission (EFCC), on Thursday, testified in the...

NUPRC sets Friday deadline for 2025 licensing round registration, pre-qualification

  Registration The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the registration and submission of applications for Pre-Qualification under the...

Nestlé Nigeria rebounds with N105bn profit in 2025

Revenue Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended Dec. 31, 2025, up from N958.8 billion recorded in...

Singer Market Fire: Kano sets up 23-member committee to disburse N8bn intervention to victims

  Gov kabir Yusuff The Kano State Government has constituted a 23-member high-level committee to oversee the disbursement of N8 billion financial support and relief...

Executive Order 9: Constitutional Fidelity, Not Executive Overreach

  Tanimu Yakubu,DG Budget Office   Director  General ,Budget Office,Tanimu Yakubu, has dismissed insinuations in certain quarters that the Executive Order 09...

NIMASA seeks stronger Air Force backing for Deep blue project

    NIMASA       Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA),Dr Dayo Mobereola, has sought enhanced...

Nigeria wins $6.2m arbitration case against European tech giant

Lateef Fagbemi, Attorney General of the Federation     Nigeria won 6.2 million dollars arbitration case against the European Dynamics UK Ltd, an international...

Equities rally as industrial, insurance stocks drive N1.2trn surge

  Stock The Nigerian equities market sustained its positive trend on Friday, closing with N1.2 trillion gain in market value due to strong buying interest in...