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GTCO profit falls to ₦601bn in H1 2025
Guaranty Trust Holding Company Plc (GTCO) reported a pre-tax profit of ₦601 billion for the half year ended June 30, 2025, down…
CBN lowers interest rates, adjusts Bank reserves
The CBN’s Monetary Policy Committee cut the interest rate to 27 per cent from 27.5 per cent in July.
Subsidy: How depot owners siphoned over N2trn under Jonathan’s…
Billionaire businessman, Femi Otedola has explained how he warned former President Goodluck Jonathan against continuing with…
French media giant, Canal+ completes acquisition of South Africa’s…
Canal+ Group, a French TV channel, has completed the takeover of MultiChoice, the South African pay-TV operator, with the…
Nigeria’s GDP expands by 4.23% in Q2 2025
Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent year-on-year in the second quarter of 2025, according to the National…
FG revokes 1,263 mineral licences over service fee default
The Federal Government has revoked 1,263 mineral licences for failure to meet annual service fee obligations.
Dangote begins free fuel deliveries to marketers
Independent fuel marketers in Nigeria have begun receiving free fuel deliveries from Dangote Refinery, following the deployment of…
FG, states, LGs shared N2.2trn revenue in August – FAAC
The Federation Account Allocation Committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in…
Maryamu Idris named Nigeria’s OPEC Representative
Maryamu Idris, Managing Director of NNPC Trading Limited, has taken up the role of Nigeria’s National Representative to the…
Seplat, NNPC in talks over 10% Joint Venture stake
Seplat Energy has confirmed it is in talks with the Nigerian National Petroleum Company Limited (NNPCL) on the potential sale of a…