Business

Wilmar acquires full ownership of PZ Cussons in $70m deal

In a significant development within Nigeria’s consumer goods sector, Wilmar International Limited has agreed to acquire PZ Cussons Plc’s 50%…

9 months ago

GTBank begins USSD fee deduction from Customers’ airtime

Guaranty Trust Bank (GTBank) has commenced the deduction of Unstructured Supplementary Service Data (USSD) fee from the airtime balance of…

9 months ago

Fraud: First Bank invests N15bn to protect systems from hackers

First Bank Plc says it has spent more than N15 billion to protect its systems against criminals between January and June…

9 months ago

CBN begins steps to strengthen banking sector, issues routine transitional guidance

As part of efforts to strengthen the banking sector, the Central Bank of Nigeria (CBN) has introduced time-bound measures for…

9 months ago

Stock market investors lose N183bn

The Nigerian stock market extended its losses on Tuesday, June 17, 2025, with investors recording a decline of N183 billion…

9 months ago

FG offers N50bn green bond for subscription at N1,000 per unit

The Federal Government, through the Debt Management Office (DMO), has offered green bond valued at N50 billion for subscription at…

9 months ago

Stock market investors lose 108bn

The Nigerian stock market opened the week on a negative note on Monday, June 16, 2025, with key performance indicators…

9 months ago

Nigeria’s inflation rate drops to 22.97%

The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate dropped to 22.97 per cent in May…

9 months ago

Reps summon Cardoso, Edun over Fiscal Act breach

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, and the Minister of Finance, Wale Edun, are to appear before…

9 months ago

Stock market records N486bn gain

The Nigerian stock market ended the week on a positive note on Friday, June 13, 2025, recording a gain of…

9 months ago

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