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First Asset Management Hits N1.23trn in AuM in Third Quarter of 2025

First Asset Management Limited, a leading investment management firm in Nigeria and a subsidiary of First HoldCo Plc., has reported a N1.23 trillion in...

Pz Cussons Makes U-turn, Retains Africa Business With Ambitious Growth Plans

PZ Cussons has announced that it is retaining its Africa business and sets out ambitious growth plans for the business, as part of a...

FEC Approves N187.8 Billion for New Bank of Industry Headquarters at Eko Atlantic City

The Federal Executive Council (FEC) has officially approved the contract for the design and construction of the new headquarters for the Bank of Industry...

Dangote Petrol More Expensive Than Offshore Lomé Amid Fixed Prices That Defy Oil Swings

Gasoline prices at the Dangote refinery have diverged sharply from the Offshore Lomé market over the past month, as the refinery began selling gasoline...

Oil Rises as US Forces Seize Sanctioned Oil Tanker Off Venezuelan Coast

US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries. “We’ve...

US Federal Reserve Cuts Rates With Three Dissents, Projects One Cut in 2026

US Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut in 2026. The Federal Open Market Committee voted 9-3...

Nigeria, Saudi Arabia Sign Five-Year Defence, Military Cooperation Agreement

By Abdulfatai Abdulsalami Sokoto The Federal Government and the Kingdom of Saudi Arabia have signed a new Memorandum of Understanding (MoU) to strengthen defence and...

Chapel Hill Denham Affirms ‘Buy’ on Fidelity Bank, Citing Resilient, Low-Cost CASA Deposit Strategy

Research house Chapel Hill Denham Limited maintained their Buy recommendations on Fidelity Bank stock on an increase in net interest income and a robust...

Geregu Power Forecasts Revenue of N57.11bn in First Quarter of 2026

Geregu Power, a Nigerian electricity generating firm, has forecast revenue of N57.11 billion in the first quarter of 2026, which is higher than the...

Soludo Unveils Anambra Airport VIP Protocol Lounge, Signaling State is ‘Open for Business’

The Anambra State Governor, Professor Chukwuma Soludo, on Tuesday, December 9, 2025, commissioned a new Protocol Lounge at the Chinua Achebe International Airport in...

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