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FCMB Group Records N202bn Pre-Tax Profit as Interest Income Crosses N1 Trillion
FCMB Group Plc delivered a strong financial performance in 2025, posting a profit before tax (PBT) of N202.1 billion, an increase of 80.6 percent compared to the N111.9 billion recorded in 2024. According to the group's audited financial statements released on Monday, the impressive growth was...
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News
Nigeria House of Representatives Recovers N521m VAT from CBN
Nigeria’s federal lawmakers have recovered ₦521 million in Value Added Tax (VAT) from the Central Bank of Nigeria following a...
Cross River Payroll Crisis Sparks Fresh Teachers Government Dispute
The Cross River State Government and the state chapter of the Nigeria Union of Teachers have clashed over allegations surrounding...
OPEC+ Raises July Oil Production Quotas as Supply Strategy Shifts
The OPEC+ alliance has agreed to increase oil production quotas for July, extending its gradual supply expansion strategy as the...
Nigeria’s Trade Sector Attracts $65.8 Million in Foreign Investment as Investor Confidence Grows
Nigeria’s trade sector recorded a significant increase in foreign investment during the first quarter of 2026, attracting $65.79 million in capital inflows....
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Technology
Interswitch, Temenos Partner to Accelerate Digital Banking in Africa
African payments and digital commerce company Interswitch has entered into a strategic partnership with...
