Business

Tinubu appoints board members for NCC, USPF

…….Minister of Communications, Innovation, and Digital Economy, as Chairman of USPF President Bola Tinubu has constituted the boards of the Nigerian Communications Commission (NCC) and the Universal Service Provision Fund…

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9mobile rebrands as T2, set to revive market presence

Nigeria’s fourth-largest telecoms operator, 9mobile, has unveiled a new brand identity, T2, as part of efforts to revive its market presence and digital focus. The Chief Executive Officer, Obafemi Banigbe,…

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Stock market sheds N516bn after weeks of bullish rally

The Nigerian stock market closed the week on a negative note on Friday with key performance indicators dropping by 0.56 per cent. The market capitalisation dropped by N516 billion, or…

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CIBN projects cautious optimism for economy

The Chartered Institute of Bankers of Nigeria (CIBN), along with economists and financial experts, has projected a cautiously optimistic outlook for Nigeria’s economy in the year’s second half. This view…

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Tinubu signs Insurance Industry Reforms Bill into law ‎

President Bola Tinubu has signed the Nigerian Insurance Industry Reforms (NIIR) Bill 2025 into Law, marking a major step toward strengthening the financial sector and driving a one trillion  dollar …

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Stock market closes week on positive note, gains N948bn

The equities market sustained its positive momentum throughout the week, closing with N948 billion gain. The performance was driven by sustained buying interest in stocks like UAC of Nigeria, BUA…

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NIMC assures of seamless ID verification

The National Identity Management Commission (NIMC) has reaffirmed its commitment to providing Nigerians with uninterrupted access to identity verification and authentication services. In a statement on Wednesday in Abuja, Head…

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Transcorp posts good 2025 results, grows revenue by N279.7bn, profit BT N85.7bn

……ANNOUNCES N4.064bn INTERIM DIVIDEND TO SHAREHOLDERS Transnational Corporation Plc (“Transcorp Group” or the “Company”), (NGX: TRANSCORP), Nigeria’s leading listed conglomerate, announced its H1 unaudited results, showing impressive year-on-year growth, for…

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Transcorp reports H1 2025 with 60% revenue growth YOY

……delivers shareholders N1.024bn interim dividend payment, 71% growth profit Transcorp Hotels Plc (“Transcorp Hotels” or the “Company”) (NGX: TRANSCOHOT), the hospitality subsidiary of Transnational Corporation Plc (“Transcorp Group”), has announced…

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Okomu Oil declares ₦30 interim dividend

Okomu Oil Palm Company has proposed ₦30 per 50 kobo ordinary share as interim dividend for the period ended 30 June 2025. This is revealed in a corporate disclosure filed…

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