Otedola’s fortune up $500m in one year while Dangote, others see decline
By Mary Adenike Within a year, the fortune of Femi Otedola, chairman of Geregu Power Plc and FBN Holdings Plc,
Read more
FEATURED
FX forward contracts fall 100% as naira firms
There were no foreign exchange forward contracts this week as the naira was little changed against the dollar, data from
Read more
IEI’s annual profit doubles after Norrenberger acquisition
International Energy Insurance Plc (IEI) reported a profit after tax of N1.78 billion for the 2024 financial year, up from
Read more
South Africa overtakes Nigeria in dollar billionaires’ wealth
By Mary Adenike South Africa saw the wealth of its dollar billionaires surpass that of their Nigerian counterparts last year,
Read more
More CEOs optimistic about global economic growth, PwC survey shows
By Mary Adenike Almost 60 percent of CEOs around the world expect global economic growth to increase over the next
Read more
Guinness Nigeria taps Ajogwu to replace ex-minister Omobola Johnson as chair
Guinness Nigeria Plc has appointed Fabian Ajogwu, a professor and senior advocate of Nigeria, as its new chairman following the
Read more
Guinness Nigeria pares losses as revenue rises 82%
Guinness Nigeria, a brewing company, saw its loss after tax for the six months ended December 31, 2024 decline compared
Read more
Moniepoint secures investment from Visa months after unicorn status
Moniepoint Inc., one of Nigeria’s leading business payments and banking services platform, has secured an investment from Visa, a global
Read more
CBN rate hikes fuelled inflation, says tax reform committee chair Taiwo Oyedele
Taiwo Oyedele, chair of the Presidential Committee on Fiscal Policy and Tax Reforms, said on Thursday that the monetary policy
Read more
Transcorp Power’s annual profit jumps to N80bn
Transcorp Power Plc reported a 165 percent increase in its profit after tax for the 2024 financial year to N80
Read more