Dangote visits NNPCL, calls for healthy competition in oil sector
The President/CEO of the Dangote Group, Alh. Aliko Dangote on Thursday visited the newly appointed Group CEO of NNPC Ltd., Mr. Bashir Bayo Ojulari, in Abuja, with a call for…
Bellazir energy poised to transform Nigeria’s oil marketing sector
Bellazir Energy Limited, a forward-looking player in Nigeria’s downstream petroleum industry has been launched with a bold vision to transform the sale and distribution of products with innovative solutions. The…
GTBank to charge N6 per SMS alert effective May 1
Effective Thursday, May 1, Guaranty Trust Bank (GTB) will begin deducting N6 from customers’ accounts for every transaction alert received via Short Message Service (SMS). The bank notified its customers…
MTN rebounds with N133.7bn profit after string of losses
MTN Nigeria Communications Plc has bounced back to profitability, posting a N133.7 billion profit after tax in Q1 2025, its first since 2023. marking a turnaround for the telecom giant…
CBN direct Banks to adopt PAPSS for transactions
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to adopt the Pan-African Payment and Settlement System (PAPSS) and commence originating transactions under the new…
FG blames pest outbreaks, poor storage for tomato imports
Federal Government has attributed the persistent importation of tomato concentrate and paste to poor local production capacity and threat from pest outbreaks. According to the Minister of Agriculture and Food…
Heritage Bank (In-Liquidation): NDIC starts first tranche payment of ₦46.6bn
Barbara Bako, Abuja. In its continued commitment to ensuring that depositors of the defunct Heritage Bank are fully reimbursed, the Nigeria Deposit Insurance Corporation (NDIC) has declared first tranche of…
BUA Cement grows revenue by 81% in first quarter
BUA Cement Plc has grown its quarterly revenue by 80.5 percent in 2025 first quarter, raking in N290.8bn compared to N161.1bn recorded in the corresponding period of 2024. The unaudited…
Transcorp Power records N105.4bn revenue in Q1
Transcorp Power Plc has recorded N105.4bn rrvenue the first quarter 2025, the company said in the unaudited interim financial statements to the Nigeria Exchange Limited. The revenue for the period…
UBA records 189.8bn profit in first quarter
United Bank for Africa Plc has announced a growth in its profit for the first quarter of 2025, recording a profit after tax of N189.8bn. This represents a rise from…
















