IMG Grows Profit by 295% in Five Years, Pays N249MDividend

As evidence of resilience and continuous innovation despite the headwinds in the Nigerian economy, the total comprehensive income of Industrial & Medical Gases (IMG) Nigeria Plc., has jumped by 295%, from N215.967 million in 2019 to N852. 753 million in…

Adebajo: Nigeria’s Mounting Debt Crisis Calls for Immediate Legislative Action

Nume Ekeghe Amidst a sharp rise in Nigeria’s external debt to approximately $45 billion and an exodus of investors, the Chief Executive of CFG Advisory, Tilewa Adebajo, has emphasised the…

Tear gas fired as Kenya’s protesters return to streets with new demand

Kenyan police on Tuesday resorted to tear gas in the capital, Nairobi, to control escalating anti-government demonstrations. The protests, initially read more Tear gas fired as Kenya’s protesters return to…

Zedcrest buys RMB Nigeria Stockbrokers

Zedcrest, one of Africa’s leading financial solutions firms has acquired RMB Nigeria Stockbrokers, a member of Rand Merchant Bank. Zedcrest read more Zedcrest buys RMB Nigeria Stockbrokers

NNPC declares state of emergency on crude oil production

The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency on the Nigerian oil and gas industry read more NNPC declares state of emergency on crude oil…

CBN to sanction banks, BDCs for rejecting old, lower dollar denomination

The Central Bank of Nigeria (CBN) has threatened to sanction banks and other foreign exchange dealers that refuse to accept read more CBN to sanction banks, BDCs for rejecting old,…

EU-Nigeria trade volume hits €24.6bn in 2023, despite 18.7% decline

…EU launches agribusiness platform to boost trade, investment The volume of trade between European Union and Nigeria stood at €24.6bn read more EU-Nigeria trade volume hits €24.6bn in 2023, despite…

Crypto Sensation: BlockDAG’s $55.2M Presale Dominates Amid Uniswap Decline & Aptos Rally

As the crypto market undergoes adjustments, Uniswap sees a downturn, while Aptos maintains a bullish future outlook. In this shifting read more Crypto Sensation: BlockDAG’s $55.2M Presale Dominates Amid Uniswap…

Nigeria’s interest rate at 30% is a disincentive to investments, growth – Dangote

…calls for incentives to protect local industries Africa’s richest man, Aliko Dangote has called for the federal government’s intervention to read more Nigeria’s interest rate at 30% is a disincentive…

Recapitalisation: Access Holdings Plc offers N17.77bn ordinary shares to shareholders

Access Holdings Plc on Tuesday signed N17.77 billion rights issue ordinary shares of N0.50 each at N19.75 pr share, in read more Recapitalisation: Access Holdings Plc offers N17.77bn ordinary shares…

Business & Economy

Nigeria’s gas production rises to 7.59 billion SCFD as flaring drops – NUPRC
We’re Making Vehicle Ownership Easier for Nigerians, Says Carloha
Budget reports delayed by project checks, fiscal transition – Budget office