CBN holds MPR at 27.5%
For the first time since February 2024, the Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR) at 27.5 percent.
CBN Governor Yemi Cardoso...
CBN assures public of banking sector stability, dismisses rumour
The Central Bank of Nigeria (CBN) on Monday dismissed reports suggesting distress in a regulated financial institution, describing the claims as misleading and capable...
11 Plc drives growth with strong revenue performance and CNG infrastructure expansion
11 Plc has demonstrated its resilience and adaptability in the Nigerian hydrocarbon industry, with a strong revenue performance and significant contributions to gas utilization.
Chairman...
Fidelity Bank reclaims trillion-naira market cap as stock rises to N21
Leading financial institution, Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from N19.95...
CBN launches non-resident BVN for Nigerians in Diaspora
The innovative digital gateway, which is projected to actualise the CBN’s $1 billion monthly diaspora remittances target and about $12 billion annually, allows Nigerians...
Fidelity Bank grows PBT by 167.8% to N105.8bn in Q1 2025
Fidelity Bank grows PBT by 167.8% to N105.8bn in Q1 202
Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable...
CAC, EFCC certificates not substitute for registration, SEC warns investors
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has issued a warning to Nigerians about firms that claim their registration...
BUA Foods records N125bn profit as revenue grows by 24% in Q1 2025 unaudited...
Revenue: Grew by 24% to ₦442.1 billion
Gross Profit: Increased by 39% to ₦160.91 billion
...
Nestlé Nigeria PLC reports significant growth and improved financial performance for Q1 2025
Nestlé Nigeria PLC has reported an acceleration in profitable growth and a substantial improvement in operating and financial performance for the first quarter of...
Zenith Bank’s shareholders approve N195.67b dividend payout
Shareholders of Zenith Bank Plc have approved the proposed final dividend payment of NGN4.00 per share, bringing the total dividend for the 2024...
