News
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FCMB Q1 2026: Yield Optimization Delivers, Trading Drag Tests Sustainability
FCMB Group opened 2026 with profit before tax of N86.987 billion, up 148.39% from N35.020 billion in Q1 2025. Profit…
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Cocoa Dominance and Missing Processing Leave Nigeria’s Agric Exports Exposed as Q1 2026 Falls 31%
Nigeria’s agricultural export sector stumbled in the first quarter of 2026, with the National Bureau of Statistics recording N1.17 trillion…
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Oil Dips on Truce Hopes, But Strait of Hormuz Blockade and Depleted Stocks Keep Bonny Light Above $100
Nigerian crude prices eased this week as geopolitical tension in the Middle East showed signs of cooling, yet the market…
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Crude Rebounds to N11.20 Trillion in Q1 2026, but Nigeria’s Oil Windfall Rests on Fragile Ground
Nigeria’s crude oil exports climbed to N11.20 trillion in the first quarter of 2026, reasserting the commodity’s dominance as the…
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Nigeria Bets on ‘Deal Room’ to Turn Investor Talk Into Cash as States Drive Growth Push
The Federal Government is moving to close the execution gap between investment pitches and actual capital deployment with a new…
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EFCC Arraigns Blessing CEO for Fresh Alleged N69.1m Fraud
EFCC Arraigns Blessing CEO for Fresh Alleged N69.1m Fraud The Lagos Zonal Directorate 1 of the Economic and Financial Crimes…
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FG Ramps Up Treasury Bills Offer to N4.8 Trillion as June Auctions Drain Liquidity, Signaling Heavier Short-Term Debt Appetite
The Debt Management Office has raised its Nigerian Treasury Bills issuance programme for the second quarter of 2026 by N850…
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Seplat Energy names Effiong Okon as CEO, Tony Elumelu as next chairman in sweeping leadership shakeup
Seplat Energy names Effiong Okon as CEO, Tony Elumelu as next chairman in sweeping leadership shakeup Seplat Energy Plc has…
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Seplat Energy Taps Insider Effiong Okon as CEO, Elumelu to Chair as Brown, Udoma Exit in Phased Succession
Seplat Energy Plc is entering a new leadership era, with the board announcing on Monday that Engr. Effiong Okon will…
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Nigeria Ranks Among Cheapest Countries For Mobile Data Globally- MTN CEO
The Chief Executive Officer of MTN Nigeria, Karl Toriola, has defended the cost of mobile data in Nigeria, insisting that…
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