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CBN sells another N804.85 billion in OMO bills hit 111% subscription
The Central Bank of Nigeria (CBN) raised a total of N804.85 billion at its Open Market Operations (OMO) auction held...
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Aradel posts record Q1 profits as crude oil sales surge
Aradel Holdings Plc has released its financial statements for the quarter ended 31st March 2025, reporting a pre-tax profit of...
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EFCC ‘arrests’ Aisha Achimugu upon arrival at Abuja Airport – Lawyer
A prominent business executive and socialite, Aisha Sulaiman Achimugu, has been “arrested” by operatives of the Economic and Financial Crimes...
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Tribunal rejects settlement terms between Nigerian Bottling Company and FCCPC
The Competition and Consumer Protection Tribunal in Abuja on Monday rejected the terms of settlement between the Nigerian Bottling Company...
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Tribunal orders Meta, WhatsApp to pay FCCPC $220 Million fine, $35,000 in 60 days for discriminatory practices
Nigeria’s Competition and Consumer Protection Tribunal on Friday ordered WhatsApp and Meta Platforms Incorporated to pay a $220 million penalty...
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Court orders arrest, remand of 6 CBEX promoters over alleged $1 billion scam targeting Nigerian victims
The Federal High Court in Abuja has ordered the arrest and remand of six promoters of the now-collapsed and fraudulent...
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UBA’s pre-tax profit surges by 30.65% to N204.27 billion in Q1 2025
United Bank for Africa Plc (UBA) has released its unaudited financial results for the first quarter ended March 31, 2025,...
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IMF projects 37% inflation rate for Nigeria in 2026
The International Monetary Fund (IMF) has projected that Nigeria’s headline inflation will average 26.5% in 2025, following a recent rebasing...
Read moreDetailsIMF Projects 3% economic growth rate for Nigeria in 2025
The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow by 3.0% in 2025. This is according to...
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Access Holdings reports N867.019 billion profit before tax for FY 2024
Access Holdings Plc has released its 2024 full-year audited accounts, reporting a pre-tax profit of N867.019 billion, up from N729.001...
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