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Business

Nigeria’s Inflation Rises to 24.23% in March After CPI Rebasing

Nigeria’s headline inflation rate rose to 24.23% in March 2025, up from 23.18% recorded in February, marking a notable increase following the recent rebasing...

Naira Holds at N1600 as Dollar Weakens Globally

The Nigerian naira continued to trade around N1600 to the dollar in official markets, while parallel market rates hovered between N1620 and N1630. Despite minor...

Walcot Group Secures Strategic Oil Blocks in Angola, Expanding Nigeria’s Energy Footprint

In a significant move for Nigeria's energy sector, Walcot Group has successfully acquired rights to three oil blocks in Angola, marking a pivotal step...

Nigeria Becomes 77th Shareholder of European Bank for Reconstruction and Development

Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD) as its 77th shareholder, marking a significant step in its economic development...

Guinness Nigeria Posts N20.1 Billion Pre-Tax Profit in Q2 2024

Guinness Nigeria Plc has reported a pre-tax profit of ₦20.1 billion for the second quarter ending December 31, 2024, marking a remarkable turnaround from...

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