BUA Foods Reports 99% Surge in Half-Year Profit to N260bn

BUA Foods Plc has announced a robust financial performance for the first half of 2025, with…

Tony Elumelu Urges Africa to Invest in Infrastructure, Energy, and Youth for Sustainable Growth

Prominent African businessman and philanthropist Tony Elumelu has called on African governments and private sector leaders…

Naira Closes July at N1,533.55/$ Amid Improved Market Stability

The naira closed July 2025 at N1,533.55 to the US dollar at the official Nigerian Foreign…

Finance Minister Wale Edun Hosts APC Southwest Vice Chairman, Chief D.I. Kekemeke

Chief D.I. Kekemeke, the National Vice Chairman of the All Progressives Congress (APC) for the Southwest…

Naira Strengthens Sharply as Dollar Supply Surges, Security Agencies Crack Down

The Nigerian naira has recorded significant gains against the US dollar, buoyed by increased foreign exchange…

Shell’s Profit Falls Nearly 32%, Yet Surpasses Expectations Amid Oil Price Decline

Shell’s quarterly adjusted earnings dropped by nearly a third, reflecting a significant dip in oil prices.…

Dangote to List $20bn Lekki Refinery, Offers Nigerians Opportunity to Become Shareholders

President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to list his $20 billion…

Tinubu’s Economic Reforms Cut Northern States’ Debt by 42%, Says Minister

The Minister of Budget and Economic Planning, Abubakar Bagudu, has said that President Bola Tinubu’s economic…

Oando PLC Reports Major Strides in Clean Energy and Upstream Expansion in Q1 2025

Oando PLC has announced significant progress on its ambitious 1.2-gigawatt solar PV module assembly plant, as…

NNPCL Rules Out Sale of Port Harcourt Refinery, Commits to Full Rehabilitation

The Nigerian National Petroleum Company Limited (NNPCL) has officially ruled out the sale of the Port…