Business

CBN confirms 33 banks meet recapitalisation as lenders raise N4.65trn

The Central Bank of Nigeria (CBN) has announced the conclusion of the banking sector recapitalisation programme initiated in March 2024.…

3 months ago

Chevron takes FID on Aseng gas project in Equatorial Guinea

Noble Energy EG Limited (a Chevron company) confirms that Chevron has taken Final Investment Decision (FID) on the Aseng Gas…

3 months ago

GTCO declares N12.76 dividend, posts N1.23trn profit in 2025

Guaranty Trust Holding Company Plc (GTCO) has reported a profit after tax of N865.75 billion for the 2025 financial year…

3 months ago

Stock market reverses bearish trend as investors gain N516bn

The Nigerian stock market rebounded on Tuesday, March 31, 2026, rising by 0.40 per cent as investors gained N516 billion,…

3 months ago

Rabiu, Elumelu deepen partnership as BUA Foods hits N1.77trn revenue

Nigeria’s industrial and financial leaders are strengthening a long-running collaboration as BUA Group Chairman, Abdul Samad Rabiu, hosted United Bank…

3 months ago

LIRS extends tax return filing deadline to April 14

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing of individual annual tax returns by two…

3 months ago

Stock market investors lose N276bn amid sell pressure

The Nigerian stock market opened the week on a bearish note, with investors losing N276 billion in market value on…

3 months ago

BUA Foods revenue hits N1.77trn as company proposes N28 dividend

BUA Foods Plc has posted revenue of N1.77 trillion for the year ended December 31, 2025, representing 16 per cent…

3 months ago

NGX turnover drops to N201bn as market indices slip

A turnover of 3.950 billion shares worth N201.312 billion was traded in 359,642 deals on the Nigerian Exchange (NGX) by…

3 months ago

Stock market reverses bullish trend as investors lose N28bn

The Nigerian stock market returned to negative territory on Friday, March 27, 2026, shedding N28 billion, or 0.02 per cent.…

3 months ago

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