SunTrust Bank Surpasses ₦50bn Recapitalisation Target After Successful Private Placement
SunTrust Bank’s paid-up capital climbed to about ₦51.1bn after private placement, beating the recapitalisation deadline.
SunTrust Bank’s paid-up capital climbed to about ₦51.1bn after private placement, beating the recapitalisation deadline.
Dangote Refinery moves toward NGX listing with Stanbic IBTC Capital, First Capital and Vetiva Capital Management as advisers.
Aviation minister Keyamo breaks ground on NAMA’s new headquarters and ATM centre, advancing unified, modernised airspace management in Nigeria.
Nigerian government says Ajaokuta-Gwagwalada segment of AKK pipeline will boost industrial growth, deepen CNG adoption and advance gas-first strategy.
Nigerian officials complete capacity-building programme at Cambridge to align policy, regulation, and private sector readiness for Lagos International Financial Centre launch.
Without fiscal discipline and efficient spending, Naira’s rebound may not deliver real economic benefits to Nigerians.
FCCPC says festive period airfares spiked sharply despite stable costs, hints at possible regulatory action after full review.
Transcorp Hotels secures shareholder approval for N13bn dividend after 38% revenue growth to N97bn and 45% surge in profit.
Seplat posts 144% revenue growth to $2.72bn in 2025, lifts output 148%, cuts costs, boosts dividends by 52%.
NDIC records 97% 2025 budget performance and proposes N589.89bn 2026 spending, projecting surplus and increased federal remittances.
Chika Mbonu condemns Nigeria’s continued export of raw commodities without value addition.
Samsung launches Galaxy S26 series with AI upgrades and higher prices as surging memory chip costs squeeze margins.
Bola Tinubu has approved the extension of the ban on the export of raw shea nuts for another one year.
Members of the Organised Private Sector have praised CBN’s 50bps interest rate cut but warn lending conditions remain tight.
Oil prices hovered near a seven-month high on Wednesday as Middle East tensions and US–Iran talks fuel supply disruption fears.
Twin sisters Ameena and Zara Indimi secure $43.51 million after claiming unpaid dividends, spotlighting a long running family business feud.
Nigerian Upstream Petroleum Regulatory Commission pledges full digital operations within 60 days to boost transparency, efficiency and royalty compliance.
Dangote Refinery ramps up output beyond Nigeria’s demand, pledges 65 million litres daily, signs offtake deal to ensure stable distribution and fuel self-sufficiency.
AMNI declared unable to pay $2.6 million debt; court appoints administrator to oversee company assets and operations.
FAAN restores Lagos airport operations, deploying remote tower after MMIA Terminal 1 fire was contained.
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