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Month: May 2025

Market Rally Lifts NGX by N187 Billion Amid Sustained Investor Optimism
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Market Rally Lifts NGX by N187 Billion Amid Sustained Investor Optimism

Web AdminMay 29, 2025May 29, 2025
The Nigerian Exchange Group (NGX) recorded a significant upswing on Wednesday, gaining N187 billion in market capitalization as bullish sentiment continued to drive trading activity across key sectors. According to...
UBA, ICAN Forge Strategic Alliance to Strengthen Professional Standards in Accounting
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UBA, ICAN Forge Strategic Alliance to Strengthen Professional Standards in Accounting

Web AdminMay 29, 2025May 29, 2025
In a move aimed at enhancing the quality of financial reporting and ethical standards in Nigeria’s accounting profession, the United Bank for Africa (UBA) and the Institute of Chartered Accountants...
South Africa Surpasses Nigeria in Fuel Imports, Signals Shift in Regional Demand – Report
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South Africa Surpasses Nigeria in Fuel Imports, Signals Shift in Regional Demand – Report

Web AdminMay 29, 2025May 29, 2025
In a notable shift within Africa’s energy landscape, South Africa has overtaken Nigeria as the continent’s largest importer of refined petroleum products, according to a new industry report released this...
Controversy Deepens Over $300 Helicopter Landing Fee Amid Industry Backlash
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Controversy Deepens Over $300 Helicopter Landing Fee Amid Industry Backlash

Web AdminMay 28, 2025May 28, 2025
The federal government’s introduction of a $300 helicopter landing fee has sparked renewed outrage across Nigeria’s aviation and oil sectors, with operators warning of rising costs and potential disruptions to...
Nigerian Stock Market Hits Record N70tn Milestone, Driven by Airtel and Insurance Stocks
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Nigerian Stock Market Hits Record N70tn Milestone, Driven by Airtel and Insurance Stocks

Web AdminMay 28, 2025May 28, 2025
The Nigerian equities market has soared past the N70 trillion mark in market capitalization for the first time in history, bolstered by strong performances from telecoms giant Airtel Africa and...
US Consumer Confidence Rebounds Following Breakthrough in China Trade Talks
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US Consumer Confidence Rebounds Following Breakthrough in China Trade Talks

Web AdminMay 28, 2025May 28, 2025
American consumer confidence has surged to its highest level in over a year, buoyed by renewed optimism after the United States and China reached a breakthrough agreement to ease trade...
Lasaco Assurance Posts Strong Q1 Performance, Profit Surges to ₦1.3 Billion
Business News news

Lasaco Assurance Posts Strong Q1 Performance, Profit Surges to ₦1.3 Billion

Web AdminMay 26, 2025May 26, 2025
Lasaco Assurance Plc has reported a significant rise in its profit for the first quarter of 2025, with earnings climbing to ₦1.3 billion — a strong indication of the company’s...
African Insurers Prioritize Soaring Public Debt at 2025 Industry Summit
Business News news

African Insurers Prioritize Soaring Public Debt at 2025 Industry Summit

Web AdminMay 26, 2025May 26, 2025
Lagos, Nigeria — Mounting sovereign debt across African nations has taken center stage at the 2025 African Insurance Organisation (AIO) Conference, as industry leaders, economists, and policymakers gather to assess...
Nigeria’s Foreign Trade Settlements Hit $267.96 Million, Signaling Boost in External Transactions — CBN
Business News news

Nigeria’s Foreign Trade Settlements Hit $267.96 Million, Signaling Boost in External Transactions — CBN

Web AdminMay 26, 2025May 26, 2025
Abuja, Nigeria — The Central Bank of Nigeria (CBN) has disclosed a significant uptick in foreign trade payments, with total settlements reaching $267.96 million in April 2025 — a development...
Africa’s Leadership Crossroads.
Naira And Sense

Africa’s Leadership Crossroads.

Kelechi DecaMay 24, 2025May 27, 2025
 By Kelechi Deca Amongst many Africans today, especially the youth who are evidently wary of the older generation and have lost faith in the so-called promises of assumption of leadership...

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Recent Posts

  • Toyota Raises Profit and Sales Forecasts Despite US Tariff Challenges
  • T-Bill Subscriptions Hit N4.59trn as Investors Rush for High-Yield Government Securities
  • Police Ask NLC, TUC to Reschedule Tuesday’s Abuja Protest Over Security Concerns
  • Telcos Plan N1.4tn Network Expansion Investment in 2026 – NCC
  • Imported Petrol Undercuts Dangote as Price Gap Emerges

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Toyota Raises Profit and Sales Forecasts Despite US Tariff Challenges

T-Bill Subscriptions Hit N4.59trn as Investors Rush for High-Yield Government Securities

Police Ask NLC, TUC to Reschedule Tuesday’s Abuja Protest Over Security Concerns

Telcos Plan N1.4tn Network Expansion Investment in 2026 – NCC

Imported Petrol Undercuts Dangote as Price Gap Emerges

Nigerian Stock Market Drops N395bn as Investors Intensify Profit-Taking

Shell to Invest $20 Billion in Nigeria as Energy Reforms Boost Confidence

Oyetola Launches CVFF Application Portal to Boost Nigerian Ship Ownership

FG Deepens Digital Education Reform, Invites Private Tertiary Institutions to Join TERAS

Paystack Marks 10 Years with Launch of The Stack Group

International Breweries Appoints Nicholas Kade as New Managing Director

FG Earmarks N206.5bn for Poverty Alleviation in 2026 Budget, Less Than 1% of Total Spending

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