Nigeria’s currency in circulation (CIC) declined by ₦240bn in the first quarter of 2025, according to newly released data from the Central Bank of Nigeria (CBN), reflecting a 4.58 per cent contraction over the three-month period. The report, published by the apex bank, shows that the total currency […]
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Trending News
IMF Cuts Global Growth Forecast for 2025 to 2.8% Amid Rising Trade Tensions
The International Monetary Fund (IMF) has lowered its global economic growth forecast for 2025 to 2.8 per cent, citing escalating trade tensions and growing policy uncertainty triggered by sweeping new U.S. tariffs. The revised figure represents a 0.5 percentage point downgrade from its January 2025 projection and […]
Fidelity Bank Named Nigeria’s Best Private Bank At Euromoney Awards
Fidelity Bank Plc has been named “Nigeria’s Best Private Bank” at the Euromoney Awards 2025. The recognition was formally unveiled at the awards ceremony held recently at The Savoy in London. The Euromoney Awards for Excellence are prestigious annual honors and a benchmark for excellence in […]
Nigeria Now Provides Power Access to 150 Million – Adelabu …Says 80 Million Nigerians Still Lack Reliable Electricity Access
Approximately 150 million Nigerians now have access to electricity, according to the Minister of Power, Adedayo Adelabu, who disclosed the figure on Thursday during the 2025 Ministerial Sectoral Update Conference held in Abuja. While hailing the achievement, the minister acknowledged that 80 million Nigerians still lack reliable […]
Access Holdings Records 88% Growth in Gross Earnings To N4.878trn
Access Holdings Plc has announced its audited financial results for the full year ended December 31, 2024. The Group delivered 88 per cent year-on-year growth in gross earnings, rising from N2.594trn in 2023 to N4.878trn in 2024. According to the group’s financial results seen by THE […]
Dangote Petroleum Announces Reduction In Petrol Price
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N865 to N835, effective from Wednesday, 16th April 2025. This marks the second price reduction within a week. According to a statement signed by Group Chief […]
Author, Eloike holds first book reading for women themed book, Ichabod
Nono Ogochukwu Eloike, Astute Communications Strategist with expertise in Behavioural Change Communications and Public Relations, is holding her first book reading for her book “Ichabod: Daughters Who Did Not Inherit Their Mother’s Silence”. The author on Wednesday said the book reading event for the sought after self help book […]
CSCS Shareholders To Get N8.8bn Dividend Payout
Central Securities Clearing System (CSCS) Plc has released its audited consolidated and separate financial statements for the year ended December 31, 2024, proposing a dividend of N1.76 per share, amounting to a total payout of N8.8bn. Total revenue grew by 37 per cent to N26.1bn in 2024, up from […]
MTN Foundation Opens Applications For 2025 Scholarships
MTN Foundation has opened applications for its 2025 scholarship programme, in a bid to trengthening the development of Science, Technology, Engineering, and Mathematics (STEM), encouraging excellence in academic pursuit, deepening diversity and inclusion by empowering blind students in Nigeria. According to the Foundation in a statement the […]
VFD Microfinance Bank Reports N366.6 million PAT in 2024
VFD Microfinance Bank today announced the successful conclusion of its 3rd Annual General Meeting (AGM) for the 2023 financial year. The meeting, themed “Banking with Purpose, Delivering with Impact,” provided shareholders with a comprehensive review of the bank’s performance in a challenging economic climate and offered a […]