Business
UBA records impressive gross earnings rise of 143%, profit hits N757.7bn in financial year 2023
The United Bank for Africa (UBA) Plc has recorded a 143 per cent rise in gross earnings to N2.08 trillion in 2023 financial...
Breaking: Nigeria to get oil-backed $1bln Afreximbank loan in May
Nigeria is set to receive $1.05 billion from a syndicated loan backed by oil by the end of May to help revive its...
Breaking: CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria (CBN) on Monday announced the sale of dollars to Bureau de Change operators. In a statement signed by...
Premium Pension Ltd., industry leader, records impressive N1.134trn revenue growth in 2023
A leading pension fund administrator in Nigeria, Premium Pension Limited, has said it recorded substantial asset growth in 2023, with N1.134 trillion in...
Transcorp Group records robust growth in 2023, revenue up by 47.3%, profit-before-tax of 93.5% Transnational Corporation Plc
(“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate, has announced its financial results for the year ended December 31, 2023, with revenue rising...
Updated: We raised interest rate to 24.75 percent to fight inflation – CBN
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said it hiked the benchmark interest rate by 200 basis points...
Don’t sell dollar above N1,269, CBN orders Bureau de Change
As part of measures to strengthen the naira against the dollar, the Central Bank of Nigeria (CBN) says it is allocating $10,000 at...
Dangote set to disburse N15bln food items to 774 LGAs to cushion harsh economic conditions
Nigerian businessman and industrialist Alhaji Aliko Dangote says he has allocated N15 billion for food supplies to the vulnerable people across the 774...
Naira strengthens to N1400/$ at parallel market as speculators sell
The naira strengthened on Wednesday to close at N1400/$1 in the parallel section of the foreign exchange market. Persecondnews reports that the exchange...
Just In: Zenith Bank names Adaora Umeoji as its first female Group Managing Director
The Board Directors of Zenith Bank Plc has announced the appointment the appointment of Dr. Adaora Umeoji as the Group Managing Director/ Chief...
Nigerian Business Community to FG: Use Ghana Trade Office to solve our problems
The Nigerian business community in Ghana has urged the federal government to use the Nigerian trade office in Accra in addressing its challenges....
Heirs Holdings tells story of transformational investment in Africa, launches its first-ever TV commercial
Heirs Holdings has launched its first-ever television commercial (TVC), showcasing the company’s diverse portfolio, spanning the power, energy, financial services, hospitality, real estate,...
Aig-Imoukhuede, co-founder, returns to Access Holdings as Chairman
Access Holdings PIc has announced the return of Mr. Aigboje Aig-Imoukhuede as its Non-Executive Chairman. Aig-Imoukhuede, co-founder of Access Bank with the late...
CBN to sanction MfBs over late non-rendition of statutory monthly returns
The Central Bank of Nigeria (CBN) has directed all microfinance banks (MfBs) to adhere to prompt rendition of statutory monthly returns through the...
In a great leap forward, Heirs Holdings launches Heirs Technologies, set to lead Africa’s digital evolution
Heirs Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic long-term investments, has broken new grounds with...
Transcorp Group announces listing of Transcorp Power Plc by introduction on Nigerian Exchange’s Main Board March 4
Transnational Corporation Plc (Transcorp Group) wishes to announce the listing of its subsidiary, Transcorp Power Plc (Transcorp Power or TP Plc) via listing...
