Business

CBN’s Sidi-Ali wins 2026 NSA Award

CBN’s Sidi-Ali wins 2026 NSA Award

By Emma Ujah,  Abuja Bureau Chief  The Ag. Director of Corporate Communications of the Central Bank of Nigeria (CBN), Mrs. Hakama Sidi-Ali, has won the 2026 edition of the National Spokespersons Award. The recognition was announced during the 6th National Spokespersons Awards and the 4th Economic Confidential Annual Lecture, organised by Image Merchants Promotion Limited (IMPR), publishers […]
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NGX Group declares N1.00 interim dividend, sustains shareholder value creation

NGX Group declares N1.00 interim dividend, sustains shareholder value creation

By Peter Egwuatu  Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025, at the meeting of its Board of Directors. According to […]

Banks must back innovation, not just big corporates — Wale Edun

Banks must back innovation, not just big corporates — Wale Edun

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has urged Nigerian banks to channel more credit to young innovators and small businesses, saying the era of concentrating lending on big corporates must give way to inclusive, innovation-driven financing.

Oando records 164% rise in profit to N210bn in 9mths 

Oando records 164% rise in profit to N210bn in 9mths 

By Babajide Komolafe Oando Plc has said it recorded a 164 per cent increase in Profit After Tax, PAT, to N210 billion from N76 billion in the same period of 2024, a performance driven by stronger production volumes, and operational efficiency.  Group revenue declined by 20% year-on-year to N2.5 trillion from N3.2 trillion in 2024, primarily […]