Latest News

Companies

Briclinks Africa grows profit despite cash burn, heavy loans

Plu Team -
Briclinks Africa Plc, a Nigerian telecoms and internet service provider, has posted a ₦9.27...
Companies

Exclusive | AEDC office sealed over unremitted VAT charged on electricity consumers

Plu Team -
Nigeria’s Federal Inland Revenue Service (FIRS) on Friday sealed off the headquarters of Abuja...
Banks

GTCO makes history as first Nigerian banking company to hit ₦100

Plu Team -
Shares of Guaranty Trust Holding Company Plc (GTCO) surged past the ₦100 mark on...
Companies

Ibom Air targets 100% growth in travel agent sales, eyes ₦150bn revenue

Plu Team -
Ibom Air is targeting ₦150 billion in revenue by the end of 2025, up...
Nation

Ex-President Buhari, who promised change but left Nigerians poorer, dies at 82

Ini Ekott -
Muhammadu Buhari, Nigeria’s former president and ex-military ruler who rose to power in 2015...
Politics

VP Shettima says president can’t suspend a governor, a swipe at Tinubu

Plu Team -
Vice-President Kashim Shettima on Thursday publicly spoke about the unconstitutionality of a president suspending...
Markets & Investing

Analysis | Why is Nigeria’s stock market booming while the economy isn’t?

Olawale Afolabi -
Nigeria’s stock market is defying the country’s economic struggles. In the face of inflation,...
Economy

Billions unaccounted for in Nigeria’s books as IMF flags data gaps

Plu Team -
Nigeria is struggling to account for billions of dollars in its official trade and...
Banks

GTCO targets international investors with direct London listing

Plu Team -
Guaranty Trust Holding Co. Plc (GTCO), the parent company of Nigeria’s GTBank, plans to...
Economy

Nigeria’s easing inflation fails to drive faster business growth

Plu Team -
Business activity in Nigeria expanded at its weakest pace in seven months in June,...
Companies

Tantalizers moves to take over DBN Television

Plu Team -
Tantalizers Plc, once known strictly for its fast-food chain, has taken another step in...
Consumer

Nigerians reject MultiChoice price cut offer as Pay-TV’s troubles deepen

Plu Team -
MultiChoice Nigeria’s latest attempt to win back customers with a 50% price cut on...
Security

Deadly Borno attack raises fears of Boko Haram’s suicide tactics resurgence

Plu Team -
On the night of June 21, a woman detonated an improvised explosive device (IED)...
Consumer

DStv Decoder Price Cut: MultiChoice Nigeria reduces price amid subscriber losses

Olawale Afolabi -
In an effort to regain market share, MultiChoice Nigeria has announced a price cut...
Companies

Drugmaker Neimeth rises on plan to raise ₦20 billion and clear losses

Plu Team -
Neimeth International Pharmaceuticals has secured shareholder approval to raise fresh capital and clean up...
Food

Benue death toll tops 7,000 under Tinubu, threatening national food supply

Plu Team -
More than 7,000 people have been killed in Benue state since President Bola Tinubu...
Banks

As CBN dividend ban rattles bank stocks, only two lenders speak out

Olawale Afolabi -
Days after the Central Bank of Nigeria (CBN) stunned financial markets with sweeping restrictions...
Banks

Losses mount for Nigerian bank stocks after new CBN directive

Olawale Afolabi -
Nigerian bank stocks continued to fall on Tuesday as investors reacted to a new...
Small Business

Edo launches N1 billion interest-free loan scheme for small businesses

Plu Team -
Edo State has introduced a N1 billion ($645,000) interest-free loan scheme targeting small businesses...
Companies

Beta Glass: How we engineered 600% growth – and what’s coming next

Plu Team -
Shares of Beta Glass have surged 329% in the last six months, closing at...
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