Latest news

Latest News

NGX posts N6.88bn modest growth as equities gain

The Nigerian Exchange Limited closed Wednesday’s trading session on a positive note, as equities gained marginally amid broad-based buying interest that lifted market capitalisation by N6.88bn. At the close of trading, the total market capitalisation of listed equities rose to N106.44tn from the N106.43tn recorded in the previous session. At the same time, the All-Share...
Read more

LivingTrust Mortgage Bank Posts N1.01bn Profit for 2025

LivingTrust Mortgage Bank Plc has reported a profit after tax of N1.01bn for the year ended 31 December 2025, according to its unaudited financial statements released on the Nigerian Exchange Limited on Wednesday. The mortgage lender’s profit rose from N854.50m recorded in the previous financial year, reflecting improved earnings and higher operating income during the...
Read more

Naira posts mixed performance at parallel market

The naira recorded a mixed performance on Wednesday, with the currency depreciating slightly at the official window to 1,420.69/$ while appreciating in the parallel market to 1,480/$. According to Nigerian Foreign Exchange Market data on the website of the Central Bank of Nigeria, the local currency shed. In contrast, the currency gained 0.03 per cent...
Read more

RMB Nigeria ranked No. 2 employer for 2026

Rand Merchant Bank Nigeria has been ranked the No. 2 employer in Nigeria for 2026, marking the second consecutive year the bank has received recognition for excellence in people practices. This achievement highlights RMB Nigeria’s deliberate focus on fostering a workplace where employees can thrive and contribute meaningfully to clients and the community. The recognition...
Read more

Nigeria Cuts Digital Payment Fraud Losses by 51%

Nigeria recorded a 51 per cent decline in digital payment fraud losses in 2025, reflecting the impact of improved identity management, enhanced transaction data standards, and stronger collaboration across the financial system, according to the Central Bank of Nigeria. This assertion was made by the Deputy Governor, Financial System Stability, CBN, Dr Phillip Ikeazor, in...
Read more

Pinnacle launches new fully synthetic lubricant in Nigeria

One of the leading downstream oil and gas companies in Nigeria, Pinnacle Oil and Gas Limited, has launched its flagship fully synthetic lubricant, PIBREUM SN-9000 5W-30, as part of efforts to deepen its presence in Nigeria’s lubricants market and offer motorists enhanced engine performance and protection. The product, which was officially introduced to the market...
Read more

Five MPC members vote for rate cut in latest MPC decision

Five members of the Central Bank of Nigeria’s Monetary Policy Committee voted for a 50-basis-point reduction in the Monetary Policy Rate at the November 2025 meeting, citing sustained disinflation, stronger external buffers, and improving growth conditions. This was according to their personal statements released by the apex bank on its website on Wednesday. The members...
Read more

Dangote Gains as Europe, US Refineries Close

The shutdown of refineries across Europe and North America has tightened global fuel markets and handed Nigeria’s Dangote refinery greater leverage in shaping refined product balances, according to energy intelligence firm Kpler. In a report, Kpler said the scale of refinery exits in Europe and North America has structurally altered supply dynamics, noting that “around...
Read more

Interswitch Support Helps Delta Emerge as a Tech Hub

Interswitch, one of Africa’s leading integrated payments and digital commerce companies, played a pivotal role at the inaugural Delta Tech Week 2025, the flagship innovation, technology, and entrepreneurship festival organised by the Delta State Government through its Ministry of Science and Technology. A statement from the firm on Wednesday stated that the five-day event, held...
Read more

Global Investors Cautious After Trump’s Greenland Threat

Global investors expressed caution as markets reacted to renewed geopolitical tensions following United States President Donald Trump’s threat to pursue Greenland, raising concerns over a potential trade conflict with Europe, Reuters reports. Volatility across asset classes rose sharply on Tuesday, with US stocks, long-dated Treasuries, and the dollar selling off. The sell-off followed Trump’s threat...
Read more
1 82 83 84 85 86 1,059

Must Read

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...