Nigeria: First Holdco's Impairment Charge Jumped 75 Percent in 2025

The bulk of the impairment charge was reported in the fourth quarter of the year, when the group set aside N459.2 billion. Read more »

Nigeria: Fcmb Group's Annual Profit Surges Amid Jump in Interest Income

The unaudited financial report of the banking group was released on Thursday showed that gross earnings leapt by more than two-fifths to N1.1 trillion, compared to a year ago. Read more »

Nigeria: Heirs Holdings Announces Two New Non-Executive Board

The new directors bring extensive expertise in finance, energy, governance, and global markets and their appointments demonstrate Heirs Holdings' ongoing commitment to strong… Read more »

Nigeria: Betjara Instant Cash Out - Take Control of Your Bets in Real Time

Betjara Instant Cash Out is delivering a smarter way to manage bets, giving users the ability to cash out instantly, even before a match ends. Read more »

Nigeria: Standard Chartered Appoints Ayodeji Adelagun As Acting CEO for Nigeria

The appointment of Mr Ayodeji is a testament to the Bank's established culture of promoting excellence and leadership continuity whilst reinforcing the confidence of its esteemed… Read more »

Nigeria: Tony Elumelu - Deconstructing an Architect of African Transformation

Just as the globalised UBA, Elumelu is expected to bring a new level of rigour to Seplat. Read more »

Nigeria: Palmpay and Premier Cool Launch '10k for 10k Campaign' to Reward 10,000 Nigerians With ₦100m

Running from 12 January to 11 April 2026, 111 winners will emerge daily throughout the three months Read more »

Nigeria: Presco Announces Board Change, Appoints New Non-Executive Director

Mr Arikawe replaced Felix Nwabuko, who retired after several years on the board. Read more »

Nigeria: Multichoice Nigeria Names New CEO As John Ugbe Retires

Multichoice Nigeria said Mr Ugbe's retirement and Ms Omotosho's appointment follow a structured and orderly transition, ensuring continuity and stability. Read more »

Nigeria: UBA, Mutual Benefits, Lafarge Africa Top Stock Pick This Week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Read more »

Nigeria: Court Dismisses N1 Billion Copyright Suit Against MTN

The court described the copyright suit against MTN as a "gold-digging exercise." Read more »

Nigeria: Nestle Expands Global Recall of Baby Formula Over Contamination Concerns

According to Nestle, the recalled products may contain cereulide, a toxin known to trigger nausea and vomiting. Read more »

Nigeria: Kian Smith Lists Gold Worth Over N21 Billion On Lagos Commodities Exchange

The MD of the Exchange also commended Kian Smith for the great work they had done in the gold sector. Read more »

Nigeria: NLNG Appoints New Managing Director

Mr Falade is expected to assume office in April 2026, following Mr Mshelbila's exit after more than four years at the helm of the gas company. Read more »

Nigeria: Dangote Refinery Dismisses Shutdown Claims

In a statement released on Monday, the refinery emphasised that production remains ongoing, stable, and uninterrupted. Read more »

Nigeria: What Does Dangote Really Want?

"There is no doubt that the coming into the market by Dangote Refinery will upend rules, traditions, and conventions as the industry has known it, as what Dangote has done in… Read more »

Nigeria: Fidelity Bank Appoints New Board Chairperson

The bank said that under Mr Chike-Obi's leadership, Fidelity Bank recorded significant growth across key financial indices, with the board successfully executing the bank's… Read more »

Nigeria: Elumelu's Heirs Energies Acquires 20.07 Percent Stake in Seplat in $500 Million Transaction

Tony Elumelu, chairman of Heirs Energies, said, "This acquisition reflects our strong belief in Africa's ability to own, develop, and responsibly manage its strategic resources. Read more »

Nigeria: Edo Reviews Radisson Hotel Deal Amid N385m Monthly Debt

Meanwhile, the PDP in Edo has described the state government's comment on the Radisson Hotel project as "misleading and politically motivated". Read more »

Nigeria: Lasaco Assurance Shareholders Approve N25bn Capital Raise

The approval was granted at an Extraordinary General Meeting (EGM) held at Lasaco House Read more »

Nigeria: Dangote Refinery Supplied 23.5 Million Litres of Petrol Daily in November - Nmdpra

The official data from the regulator also show that the refinery supplied an average of 5.596 million litres of Automotive Gas Oil (diesel) per day in the month under review. Read more »

Nigeria: Nivea Offers Nigerians Chance to Watch Real Madrid At Bernabéu

The offer stems from the company's long-standing partnership with Real Madrid, recently extended for another five years Read more »

Nigeria: Drama As Senior Lawyers Battle for Control of Nestoil's Defence At Appeal Court

Drama unfolded at the Court of Appeal in Lagos on Thursday after a fierce dispute among lawyers over who is authorised to represent Nestoil Limited and Neconde Energy in a… Read more »

Nigeria: Revoo - Global Electric Motorcycle Brand Revs Up in Nigeria

REVOO Nigeria aims to revolutionise urban transportation with its range of electric motorcycles. Read more »

Nigeria: Ogijo Pollution - Lead Recycling Companies to Remain Sealed Until Conclusion of Audit Report

The Commissioner's statement comes days after the state government ordered the closure of seven companies involved in Used Lead-Acid Battery (ULAB) recycling within the Ogijo axis. Read more »