Keystone Bank has confirmed that it is now entirely owned by the Federal Government of Nigeria, asserting that the acquisition will enhance its stability and facilitate a seamless recapitalization process.…

President of Dangote Industries Limited (DIL), Aliko Dangote, has disclosed that his organization – the Dangote Petroleum Refinery – possesses sufficient Premium Motor Spirit (PMS, commonly referred to as petrol)…

Two of Nigeria’s prominent agricultural enterprises, Presco Plc and Okomu Oil Palm Company Plc, have documented a combined profit escalation of 156. 48 percent in the fourth quarter of 2024,…

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has advocated for enhanced backward integration within the telecommunications industry. Cardoso urged sector participants to localize critical supply chains and…

With the arrival of the arid season tomato harvest in Kano and other tomato-producing regions, prices have reportedly declined beyond expectations. Numerous farmers informed our correspondent that this situation has…

The Federal Government, via the Nigerian Shippers’ Council, has declared that it will shortly initiate the collection of a one percent freight levy at the ports. The Executive Secretary and…

. 2025 seen as a positive year for the naira . Experts anticipate stability in FX and reduction in inflation . The naira has remained stable against dollar for some…

Nigeria’s private sector borrowing surged by an impressive 70. 3% in the initial nine months of 2024, with the oil and gas and manufacturing industries capturing the majority of loans,…