UPDC’s investment vehicle declares 22 kobo dividends for H1, announces payment date and qualification

UPDC Real Estate Investment Trust (REIT) has declared an interim dividend of N0.22 (22 kobo) per unit, payable to unitholders whose names appear on the register as of the close…

Who leads the palm oil sector? Presco Plc vs. Okomu Oil

Since 2023, Nigeria’s business environment has been defined by significant challenges, including high inflation, fluctuating interest rates, and volatile exchange rates.  The post Who leads the palm oil sector? Presco…

Emzor Pharmaceutical Industries Ltd successfully repays debut Series 1 Commercial Paper; bolsters commitment to local manufacturing and health security 

Emzor Pharmaceutical Industries Ltd (Emzor), a leading light in the Nigerian pharmaceutical sector, is pleased to announce the successful repayment of its inaugural Series 1 Commercial Paper. The post Emzor…

Transforming borderless banking across Africa through innovation 

Over the years, cross-border payments in Africa faced several challenges, including high costs, slow transaction times, and regulatory fragmentation. The post Transforming borderless banking across Africa through innovation  appeared first…

Top 10 African cities with the best healthcare systems in 2025 

This article features the top 10 African cities for healthcare in 2025, ranked by their Healthcare Index scores:  The post Top 10 African cities with the best healthcare systems in…

Kalabash54, Outpayce from Amadeus partner to expand flexible flight payment  

Kalabash54, a fintech travel solutions company under the Wakanow Group, has partnered with Outpayce from Amadeus to integrate its flagship product, Pay Small Small (PSS), into the Amadeus Xchange Payment…

SEC flags investment platform GVEST Global as Ponzi scheme, cautions Nigerians 

The Securities and Exchange Commission (SEC) has once again raised the alarm over an unregistered investment outfit, GVEST Global, and its associated entities, warning Nigerians to steer clear of it…

BREAKING: Nigeria’s FX reserves soar to $41 billion, hitting 44-month high 

Nigeria’s foreign exchange reserves rose to $41.00 billion on August 19, 2025, the highest level in 44 months. This is according to figures published by the Central Bank of Nigeria…

FG offers N200 billion bonds for subscription in August 2025 auction 

The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN), has announced the offering of N200 billion in bonds subscription by auction in August 2025.   The…

Average petrol price slips to N1,024.99/litre in July 2025 — NBS

The average retail price paid by consumers for Premium Motor Spirit (Petrol) for July 2025 was N1024.99, a decrease of 1.22% from N1,037.66 in June 2025.  The post Average petrol…

Business & Economy

Beer maker Champion Breweries strikes deal to acquire Bullet drink
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