By Emma Ujah,  Abuja Bureau Chief Nigeria’s oil revenue performance fell sharply below budget expectations in the third quarter of 2025 (Q3’25), as the gross oil revenue stood at N4.87 trillion during the quarter, representing a shortfall of N7.88 trillion, or 61.8%, below the quarterly budget projection. This was revealed in the 2025 Q3 Budget Implementation […]

There are indications that Nigerians and businesses may continue to grapple with an epileptic electricity supply, as generation dropped, yesterday, to 3,527.76 megawatts (MW), showing 877.28mw or 19.92 percent decrease, from 4,405.04MW recorded the previous day, according to data obtained from the Nigerian Independent System Operator (NISO). With critical electricity infrastructure struggling to maintain output, stakeholders […]

CBN also implemented wide ranging foreign exchange reforms, chiefly the elimination of multiple exchange rates to curb arbitrage, enhance transparency and boost investors’ confidence.

‎‎By Rosemary Iwunze‎‎Premium Pension Limited has recorded total assets of N21.07 billion for the fiscal year ended December 31, 2025. ‎This is against N15.84 billion recorded in 2024. ‎This was disclosed to shareholders by the Chairman of the company, Maj. Gen. Bitrus Kwaji (Rtd) at its Annual General Meeting (AGM) in Abuja. ‎He stated that […]

By Rosemary Nwunze ‎‎Mutual Benefits Assurance Plc has announced its audited financial results for the year ended 31 December 2025, reporting a strong performance marked by significant growth in profitability, improved insurance revenue and continued expansion of its balance sheet. The results underscore the company’s resilience, disciplined execution and strategic positioning within Nigeria’s insurance industry. […]