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Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Food Prices Remain Major Contributor To Nigeria’s High Inflation

...year-on-year when compared to the rate recorded in May 2023 (24.82 per cent). NBS said the rise in food inflation on year-on-year basis was as a result of an increase...

Victor Ezeja

5 months ago

Business·Latest News·Oil & Gas

Nigeria Govt Approves $1.28bn Seplat-ExxonMobil Deal 2 Years After

Nigerian government has approved the sale of Exxon Mobil’s onshore assets to Seplat Energy, more than two years after the $1.28 billion deal was struck by the two energy firms....

Victor Ezeja

4 weeks ago

Business·Latest News

Zenith Bank Records 117% Gross Earnings Growth In H1

...before tax increased by 108 per cent Year on Year (YoY) from N350 billion in H1 2023 to N727 billion in the corresponding period of 2024. Also, the bank’s half-year...

Victor Ezeja

3 months ago

20,000 Entrepreneurs Across Africa Benefit From Tony Elumelu Foundation Programme In 10 Years

10thCohort of the Tony Elumelu Foundation Entrepreneurship Programme Announced Over 50 business sectors from farming to technology represented. 20,000 entrepreneurs from 54 countries across Africa funded in 10 years –...

PBA Reporter

8 months ago

UBA Reports Record 149% Net Interest Income Growth Of N2trn In Q3

Business·Latest News

UBA Sees 16% Profit Decline In H1 Despite Interest Income Surge

...a 134% growth year-on-year compared to the N428.3 billion recorded H1 2023. The surge in interest income stands out even as other financial areas struggled to maintain growth. However, this...

Emmanuel Ochayi

2 months ago

Brass Fertilizer Methanol Plant Will Generate $1.5bn Yearly From Exports – Minister

Business·Latest News

Brass Fertiliser Methanol Plant Will Generate $1.5bn Yearly From Exports – Minister

...as a “landmark agreement”, coming nine years after the project estimated at $3.3 billion was first announced. In a statement via his X handle, the minister stated that the agreement...

Victor Ezeja

1 month ago

Business·FEATURES

Why Fidelity Bank Began Recapitalisation Before CBN Directive – Executive Director Amuchie

...that has shown capacity and growth over the years. For instance, in the last five years, if you look at the stock, which is what we are talking about, you...

Prime Business Africa

5 months ago

Looming Danger of Docile Political Opposition

Opinion·Politics

Reinventing Progressive Politics In Nigeria

...last nine years, as the party in control of the Federal Government and at least twenty State Governments, have we validated progressive politics? Without being academic, performances of APC, in...

Salihu Moh. Lukman

7 months ago

Kellyrae receives promised car and money

Entertainment

Reality Shows In Nigeria: The Good, The Bad And The Ugly

...28-year old Economist did not win haven been evicted on the 91st day of the 106 days contest, his performance fired a lot of interest in most Nigerians and desire...

Julius Okorie

2 weeks ago

Business·Latest News

CBN Drops Interest Rates On 1-year Treasury Bills By 42.4 bps To 20.7% Amidst Robust Investor Confidence

...2024. The auction witnessed a significant drop in the yield on the 364-day bills, from the previous 21.124% to 20.7%. With a total offer of N149.64 billion worth of NT-bills,...

Emmanuel Ochayi

7 months ago

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20-year silence for victims of unresolved murders - Page 47

Food Prices Remain Major Contributor To Nigeria’s High Inflation

Nigeria Govt Approves $1.28bn Seplat-ExxonMobil Deal 2 Years After

Zenith Bank Records 117% Gross Earnings Growth In H1

20,000 Entrepreneurs Across Africa Benefit From Tony Elumelu Foundation Programme In 10 Years

UBA Sees 16% Profit Decline In H1 Despite Interest Income Surge

Brass Fertiliser Methanol Plant Will Generate $1.5bn Yearly From Exports – Minister

Why Fidelity Bank Began Recapitalisation Before CBN Directive – Executive Director Amuchie

Reinventing Progressive Politics In Nigeria

Reality Shows In Nigeria: The Good, The Bad And The Ugly

CBN Drops Interest Rates On 1-year Treasury Bills By 42.4 bps To 20.7% Amidst Robust Investor Confidence

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